By: Mahmoud Gamal
Mubasher: The UAE stock markets are projected to hold at their current levels in Wednesday’s session in line with the growth of foreign investments, in spite of the decline in oil prices and global markets, according to analysts.
Despite the fall seen at the UAE stock markets, foreign investments are increasing and tend to purchase, capital market analyst Abdullah Al-Ali said.
He noted that blue chips will boost the markets to regain their positive performance which was seen in the past sessions.
Speculations are still directing the UAE markets, especially at the Dubai Financial Market (DFM), which has easy-controlling stocks, unlike the Abu Dhabi Securities Exchange (ADX), capital market analyst Hassan Al-Zawy said.
