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Drake and Scull International saves the day at Dubai market
- United Arab Emirates: Tuesday, October 09 - 2012 at 14:07
After a choppy start into Tuesday trading, the DFM General Index ended 0.10% higher at 1,628.39 amid moderate trading turnover. "We expect dip towards the 1618/1610," said the research of investment bank EFG Hermes in its daily update, adding that "The dip doesn't hurt the trend but, benefits buyers. Our forecast continues at the 1660/1680." Market heavyweights Emaar Properties and DFM closed unchanged. Real estate maintenance and power supply specialist Drake and Scull International was the most liquid share that added value (up 0.50% at Dhs0.83).
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Gérard Al-Fil, Financial JournalistTuesday, October 09 - 2012 at 14:07 UAE local time (GMT+4)
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