Mubasher: GCC stock markets are likely to give in general a jittery performance with a bullish view on the short run amid oil prices moving above $50 per barrel , analysts told Mubasher.
Market analyst Hassan Al-Zawi said GCC stocks are forecast to move upwardly, but fluctuations are to remain due to markets' sensitivity to the downturn of global markets and oil talks in Istanbul.
A surge in the performance of blue-chip stocks, namely that recorded positive Q3 financials, have been observed during the previous sessions, said market analyst Ibrahim Al Failakawi, expecting Q3 financial results to improve the region's liquidity levels.
