With closures on Monday (November 20th)
The general index of the Dubai Financial Market closed down 0.19% at 3416 points after achieving the lowest price in today's meeting at 3404 points
Emaar also closed the day at AED 7.68 after hitting a low of AED 7.57
Our general technical vision
It was expected to see further declines from the level of 3505 points and Emaar shares from AED 8.03 and we found the market this week continuing to decline with today's session to consolidate above 3400 points. We believe that the market is approaching important support levels which may represent a retracement area Construction areas for the portfolios of stocks in the range of 3360-3330 points
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