By: Mahmoud Gamal
Dubai – Mubasher: The UAE stock markets are still directeded by speculators amid lack of catalysts, affecting the liquidity in a negative way, analysts told Mubasher.
The stock exchanges are being calm in the period before Eid Al-Adha break amid the anticipation controlling investment portfolios and funds, capital market analyst Ibrahim Al-Filkawy said.
The individual investment which appears in the UAE markets makes the prices of securities vulnerable to fluctuations on a continuous way, capital market analyst Hamoud Al-Anzi said.
Both DFM and ADX attract investments for new opportunities despite the recent fluctuations across global markets, technical analyst Amir Al-Mansour noted.
Translated by: Ingy ElSafy
