UAE markets liquidity still weak – Analysts

By: Mahmoud Gamal

Dubai – Mubasher: The liquidity of the UAE stock markets is still weak and has been in a continuous decline since the beginning of 2017, capital market analyst Waddah Al Taha told Mubasher.

This weak liquidity may push the Dubai Financial Market (DFM) to drop below the 3,600-point level, Al-Taha added.

It is noteworthy that investors in the UAE markets are anticipating the financial results of the leading companies this week.

The traders are not willing to expand their investment positions, which will negatively affect the markets, capital market analyst Salem Al Newairy said.

MUBASHER Contribution Time: 30-Jul-2017 06:02 (GMT)
MUBASHER Last Update Time: 30-Jul-2017 06:41 (GMT)