Category Archives: Asian Indices

Dubai Index

On 15th October, when Dubai was trading at 3427 I warned that we could see 2760 if it started to come off quickly. Today it reached 2343, and a lot of investors are worried. Continue reading

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Posted in Dubai | Tagged , , , | 1 Comment

KWSE near a short term low

The Kuwait Stock Index is approaching some short term objectives between 10500 and 10760. Expect a recovery to around 11500 as a first step, and later on to 12200. It is likely that this move will not be a simple and straight move as there are many badly bruised traders out there. Continue reading

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Dubai’s main index still weak

Back in January 2008, Dubai’s main stock index, DFMGI, was at 6320. Last week it traded at a low of 2991, a loss of over 50%. Investors have been badly hit. After the regulators announced several concessions and guarantees, we saw a smart rebound that lasted exactly two days. Continue reading

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Hesitant Moves By Kuwaiti Stock Market

While the stock markets in the rest of the GCC have surged in tandem with the rest of the world, one might wonder why the moves in Kuwait are so hesitant. Continue reading

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Kuwait Stock Index KWSE

Back on 21st September it looked highly improbable that we will get down to 11950. But we have just reached that level. So naturally we wish to know whether the market will turn around here and head back to 14,200. … Continue reading

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Kuwait Stock Index KWSE

Back on 21st September it looked highly improbable that we will get down to 11950. But we have just reached that level. So naturally we wish to know whether the market will turn around here and head back to 14,200. … Continue reading

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Posted in Kuwait | Tagged , , | 3 Comments