Analysis and market intelligence on fixed income, forex and equities in Asia, EMEA and Latin America

Economy / United Arab Emirates

MENA Stocks: Resistance Levels To Watch

March 2009 | Market Strategy

The Saudi Tadawul All-Share index (TASI) has made a strong start to the trading week, but will continue to be driven by global sentiment. As long as the Dow Jones and oil prices continue to bounce, there should be some accompanying upside for the TASI. Next resistance comes in at the index's January high of 5,344, a break through which would be a positive

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