Economy Country February 21, 2025

UAE Markets Maintain Technical Support Levels

On Thursday, UAE market indicators sustained their technical support levels, moving within narrow ranges, reflecting stability and cautious investor sentiment amid current economic conditions.


UAE Markets Maintain Technical Support Levels

Global financial markets remained stable on Thursday, and the emirate indices did not become an exception. They held at the levels of technical support, moving within narrow ranges.

On the background market, emirati trading activity showed moderate engagement. Investors remained cautious, awaiting new trading stimuli and directions.

Experts note that the preserved levels of support witness relative stability in the background indicators. However, considering the current economic situation, the influence of external factors on the market remains significant.

"We continue to monitor the dynamics of trading on the exchange and analyze investor behavior," noted one of the analysts. "Technical levels of support play an important role in the current situation, providing a certain level of confidence to market participants."