By: Mahmoud Gamal
Mubasher: The UAE stock markets will see stability in Monday’s session, and the rest of the week, as long as long-term institutional investments are pumped into the markets, analysts told Mubasher.
Traders at the UAE stock markets are trying to perform pressure in order to decrease stock prices before they get repurchased, capital market analyst Amer l-Mahdi said.
He noted that the current phase is expected to see purchasing of stocks with good financial performance in line with the financials disclosure period.
The markets may see rebounds on Monday, capital market analyst Duaa Farouk said, adding that the markets may remain volatile in the coming period and maybe until oil prices settle above safe levels of $55 per barrel.
