Dubai-Mubasher: The UAE stock markets are likely to see a positive performance on Tuesday as some investors in portfolios tend to accumulate and speculate in some select stocks, analysts told Mubasher
Abu Dhabi Securities Exchange (ADX) saw a negative performance at close on Monday, weighed by a decline of all sectors.
Dubai Financial Market (DFM) also continued its bearish performance for , the second session in 2016, amid low liquidity and a fall of main sectors led by real estate and banks.
The markets will likely see a rebound if the political tensions between Saudi Arabia and Iran ease, said capital market expert Ibrahim Al-Failakawi.
The flare-up in tensions between Iran and the kingdom slightly affected the markets on Monday, added Al-Failakawi.
Capital market analyst Amir Mansour said that speculators controlled trading activity in the past period amid anticipations for the companies’ annual financial results.
