By: Mahmoud Gamal
Dubai-Mubasher: The UAE stock exchanges are foreseen to have a positive performance on Sunday after the hold of oil prices and the recovery of global markets, said capital market analyst Salam Saied.
Some speculators prefer to wait outside the market until Eid Al-Fitr holiday is over and the performance of global markets and oil prices becomes clearer, the analyst added.
Investors are expected to start profit taking on Monday before the holiday starts, due to worries from any updates revealed by the global markets during the one-week holiday, Basel Abo-Teima.
Translated by: Ingy ElSafy
