As far as indices go, the Dubai Financial Market General Index (DFMGI) is a cap-weighted price index which features the stocks of listed companies. It is currently trading at 3,073.07 with a daily gain of 2.92% (December 17, 2015). The DFMGI has a 52-week low of 2,851.24 and a high of 4,253.28. The 1-year return is 4.58% and the year-to-date return is -18.57%. Yesterday, the daily technical analysis for the stock indicated a strong sell, with the moving averages indicating a sell at twice the ratio as those advocating a buy.

The technical indicators for the DFM General (DFMGI) point to a strong sell with significantly more bearish positions than bullish ones. If we are to look at the weekly forecast for the DFMGI, the moving averages indicate a strong sell with substantially more sellers than buyers and the technical indicators represent a strong sell by a long margin. The monthly DFM general technical analysis also features a strong sell for the moving averages and a strong sell for the technical indicators.

What are the Core Components of the DFMGI?

There are 33 components in the DFMGI. These include the following companies:

The companies whose performances changed negatively (recently) include the following:

The companies whose performances changed positively (recently) include the following: