By: Mahmoud Gamal
Mubasher: Portfolio investments at the UAE stock markets have started on Wednesday to focus on shares listed in the real estate and energy sectors, pushing the indices to hold, according to capital market analysts.
The majority of shares listed at the UAE markets will likely see a sideways upward performance on Thursday in line with positive expectations for leading companies, analysts told Mubasher.
The majority of blue chips at the UAE markets may see further cautious purchasing on Thursday, capital market analyst Hareb Omar said.
Meanwhile, technical analyst, Dayem Sultan, said that Dubai Financial Market’s (DFM) main index is foreseen to continue rising to 3,700 points from which it may reach 3,820 points.
He warned traders from the control of selling transactions once the index breaks the 3,600-point level.
