By: Mahmoud Gamal
Dubai - Mubasher: Portfolio investments in the UAE stock markets have focused on real estate stocks, pushing indices to hold again, analysts told Mubasher.
The majority of UAE-listed shares may see a sideways-to-upward performance on Tuesday in line with positive expectations for the financial statements of leading companies, according to the analysts.
Arabtec stock is still trading at good levels, and can continue rising once investors’ sentiments improve, capital market Muhammad Al-Azmi said.
The main index of Dubai Financial Market (DFM) is foreseen to continue its upward trend to reach 3,700 and 3,820 points respectively, technical analyst Hareb Omar said.
