CAIRO: Dubai benchmark ends today session losing about 0.44 percent or 7.28 points, to finish Monday's session at 1654.39 points. Today's loss was down as investors cut positions in some mid-cap stocks, in order to gain profits of first-quarter earnings. “I don't think that market will spike in the few coming sessions, as most of investors will shift positions to get first quarter of 2012 earnings” an analyst told BikyaMasr.com. Hussine Al-Mazen, an Emirati analyst in a brokerage firm, said that markets will return to gaining points after at least seven sessions. Dubai main index's 1st Q result of 2102 was up of 22.2 percent, as a result most of investors are ahead to gain profits. National Central Cooling “Tabreed” sheds 2.5 percent, mortgage lender “Tamweel” dips 0.8 percent. Capital benchmark “Abu Dhabi” ends lower too, dipping about 0.3 percent to 2560 points.
