By Mahmoud Gamal
Dubai – Mubasher: Profit-taking is forecast to continue in UAE stock markets on Thursday, according to analysts..
UAE markets are still standing at technical marks opening the door wide for further downturns, namely amid investors' lack of buying appetite, said market analyst Ramy Kasab.
The Dubai Financial market (DFM) is likely to decline towards the 3,334 – 3,331 zone on Thursday, said economic analyst Mohamed Al-Harbi.
The Abu Dhabi Securities Exchange (ADX) will likely continue its fluctuation, said economic analyst Nawaf Al-Ajmi, calrifying that adding that stability of the main index above 4,360 points will ease pressures.
The ADX main index fell 0.24% or 10.33 points to reach 4,363.55 points.
The DFM general index went down by 1.05% or 35.72 points to reach 3,354.84 points.
