By: Mahmoud Gamal
Mubasher: The GCC stock exchanges are expected to continue their positive performance in Thursday’s session, amid the recovery of oil prices and global markets as well as the markets’ tendency to improve monthly closures, analysts told Mubasher.
The rise of the global markets will push medium-term investors to increase shares positions which have reached low prices, especially promising markets like the UAE stock exchanges, said investment portfolio director at the GCC markets Hareb Omar.
Despite the current volatility in the GCC markets, foreign and gulf investment portfolios are likely to have selective purchases of shares in the coming period, said capital market analyst Amir Al-Mansoury.
Translated by: Ingy ElSafy
