First of all, i am really sorry because i am writing in English, but i don’t have arabic windows on this computer

Second, i need one of the members to translate what i am going to write

And now, for Emaar

The reason why Emaar didn’t continue its upward movement towards a second limit up is as follows:

1- Most of the investors were to scared to hold the share for another day, because they were afraid from the fund manager’s profit taking

2- And thats the most important, most of the brokerage companies’ systems were suspended, ya3ni, they exceeded the allowed limit, ma7afiz wanted to continue buying, but systems were suspended. Too many people also were calling to buy, but the brokers told them they couldn’t buy for them because of the system suspension. therefore, people started selling along with ma7afiz

Otherwise, we could have seen a second limit up today

but unfortunately, the last hour’s trading patern, which took a decreasing trend, will make the market open tomorrow on a decreasing trend…..”the herd policy”….as usual

7 thoughts on “Why didn’t Emaar continue to the limit up

  1. خذ هذه ياوامينو

    الاخ عادل الحوسنى اليوم رش اعمار بما قيمته 450 مليون درهم

    الريال بعده محطى اعمار فى باله

    وخل الامور الثانية لانها تعتبر ثانوية

    تحياتى

    That is true this time my friend, he did dump them MKT

    But usually, don’t listen to your broker, they always spread ESHA3AT, such as

    Talal Khouri Sold 20,000,000 shares of EMAAR
    3adil El Housany Sold 100,000,MAAR
    Al Raj7ee is buying 50,000,000 Dubai Islamic Bank
    Mozah El 7abboba wa a7’oha Rashoud are selling 10,000,000 shares of Majallet Majid

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