Dubai – Mubasher: The Middle Eastern stock markets are expected to maintain a low activity state, according to a report conducted by Al Masah capital.
Investors in the troubled region will keep their focus on listed companies’ disclosures for the second quarter of 2018, bombarded by their concerns over a potential rise in interest rates by the US Federal Reserve, the report said.
Most of the regional indices closed in red at the end of last week, as the Dubai Financial Market (DFM), the Abu Dhabi Securities Exchange (ADX), and Bahrain Bourse declined 0.8%, 1.6%, and 1%, respectively.
Meanwhile Muscat Securities Market (MSM) tumbled 2.5%, whereas the Egyptian Exchange (EGX), the Saudi Stock Exchange (Tadawul), and Boursa Kuwait shed 1.4%, 1%, and 0.1%, respectively.
On the other hand, the global markets grew during the week on the back of positive disclosures and the growth of top economies in the three-month period ended 30 June.
