GCC markets to extend jittery performance Monday - Analysts

By Mahmoud Gamal                        

Mubasher: GCC stock markets are forecasted to keep delivering a fluctuating performance on Monday amid low liquidity levels, analysts told Mubasher.

Regional markets are suffering from a serious lack of positive data that could back the trading activity, said market analyst Mohamed Al-Azmi, assuring investors are waiting for the Q3 financial results that could bring back their buying appetite.

Technically, the markets are likely to adopt a horizontally downward trend during the coming period until new positive data give a different outlook for GCC equities, market analyst Ibrahim Al-Failakawi concluded. 

MUBASHER Contribution Time: 10-Oct-2016 04:37 (GMT)
MUBASHER Last Update Time: 10-Oct-2016 04:37 (GMT)