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DP World shares surge amid narrowing Bollinger Bands
- United Arab Emirates: Monday, May 06 - 2013 at 16:40
The FTSE NASDAQ Dubai UAE 20 Index index closed insignificantly lower at 2457.89 Monday. Dubai Ports (DP) World jumped 2.50% to reach $15.65, the old high from April 29. Today's rise of the world's thid biggest maritime port operator occurred amid narrowing Bollinger Bands which is based on empirical evidence a bullish sign.
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Gérard Al-Fil, Financial JournalistMonday, May 06 - 2013 at 16:40 UAE local time (GMT+4)
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