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Home » Dubai Index
Dubai

Dubai Index

RamkiBy RamkiNovember 11, 2008Updated:January 31, 20231 Comment1 Min Read
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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. A safe level to buy will be around 1860 in the index. As always, when one is trying to pick a bottom in a bear market, the amount risked should be small. Only when we get a decisive turn should we expose ourselves to a larger amount. Here is your chart of the DFMGI.

Dubai dubai index gcc stock market
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1 Comment

  1. Imtiyaz on August 22, 2009 2:14 am

    Hello ramki, Whats you take on current situation of DFMIDX chart given that oil just jumped up to almost 75$. And the INR chart can you update it also?

    Reply

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