By: Mahmoud Gamal
Mubasher: The short- and medium-term investors at the Gulf stock markets are back to purchase leading stocks in line with the rise of both the UAE and Saudi markets, according to analysts.
The majority of the GCC stock markets are expected to continue their volatile upward performance on Tuesday in line with the increase of oil prices.
The short-term traders are back to purchase heavy-weighted stocks, which largely fell in the past session, capital market analyst Muhammad Al Azmi said.
Meanwhile, capital market analyst Amir Mansour said that the majority of local portfolios are holding to the purchase path despite the anticipation controlling GCC investors, as the financial disclosures period is getting closer.
