By: Mahmoud Gamal
Mubasher: The UAE stock markets are expected to continue their upward volatile performance in Wednesday’s trading session in line with the anticipation for the financial statements of the first half, in addition to the positive news on the stocks of both Arabtec and GFH, analysts told Mubasher.
The markets may recover and rise on the back of the good forecast for H1 financials of the listed companies, CEO of Topsy Turvy Fady Al-Ghattis said.
The coming sessions are expected to witness positive movements which will be affected by the investors’ positive outlook regarding the listed real estate companies which recently signed deals on projects and Expo 2020 contracts, capital market analyst Waddah Al Taha said.
The Dubai Financial Market (DFM) is projected to witness new liquidity in line with modifying the listed companies’ weights, he noted.
