Tag Archives: dubai index

Elliott Wave Analysis of Dubai and Kuwait Stock Index

Posted on December 14, 2009 by Ramki

Here are the charts of Dubai Financial Market Index as well as Kuwait Stock Market Index. I prepared the analysis of Dubai Markets before the news as you can see from the date on top. Both charts are posted here … Continue reading →

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Dubai Index

Posted on November 11, 2008 by Ramki

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

Dubai’s main index still weak

Posted on October 15, 2008 by Ramki

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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