Mubasher: GCC equity markets are in need for new liquidity on Sunday in order to break above important resistances and to limit the present speculative control, according to analysts.
"Gulf stocks are currently facing significant levels and need higher liquidity to shoot above these resistances after recording slight rises over the past sessions", market analyst Ahmed Akl told Mubasher.
Traders are advised to decrease the tone of speculations, to avoid increasing positions and to watch theses resistances that will shape regional markets' upcoming trend, said market analyst Mohamed Al Ahbabi.
