Still not a confirmationFor now dfmgi is under selling pressure, we cannot see a defined trend to the upside. This can be a short recovery dont trust the move for now. Let it make a positive price action to get onboard. Any negative news and market goes crazy. So if you are buying anything quick entry and exit that too with small quantities.
Hit like & follow guys ;)
Dubaistockmarketindex
Will it cross 5000 pointsIf you are a regular reader of my blogs you must have surely read my last analysis on Dubai Stock Market Index. Market is making new levels every week attracting international & local investors. Blue chip stocks like EmiratesNBD, Emaar Properties, Dubai Islamic Bank are in a strong uptrend and ready to go more higher. As of today 02/04/2022 Dubai Financial Market General Index is at 3536.65 and to add cherry on top by 12/04/2022 Dewa will be listed for trading. More weightage will be added to DFM Index it means more liquidity will be entering the market which is very positive.
I think DFMGI will soon be at 5000 points. Good time to invest in Dubai Stock Market