Mubasher: GCC stock markets are forecast to remain subject to fluctuation during Sunday's trading session amid lack of positive data and low liquidity levels, according to analysts.
Investors are likely to avoid freely involving in trading activities until the disclosure of Q3 financials, which will help them decide whether to build more positions or take a different route, said market analysts Ahmed Akal and Ibrahim Al-Failakawi.
Regional markets are still dragged by the absence of stimulating data as well as external factors, Akal indicated, expecting GCC bourses to test significant resistances in the coming two sessions, which will likely decide the upcoming general trend while oil prices are steading above $50 per barrel.
