By: Mahmoud Gamal
Mubasher: The continuation of the fall in oil prices will push Gulf stock markets to see further losses on Thursday, analysts told Mubasher.
Trading activity may witness speculative rebounds during the coming week in line with the downward performance seen at GCC markets, capital market analyst Abdullah Al-Zamel said.
Investors are advised to start purchasing shares and create positions of small caps in line with the decline expected for Thursday’s session, the analyst said.
Portfolio investments and funds directors will perform selling transactions on Thursday, as a precaution movement before losses get higher, capital market analyst Muhammad Al-Azmi said.
