By: Mahmoud Gamal
Dubai-Mubasher: The UAE markets are expected to maintain their positive performance on Monday as 2015 comes to an end, analysts told Mubasher.
Dubai Financial Market (DFM) saw a bullish performance at close on Sunday, backed by blue-chip stocks in the real estate and banks sectors.
Abu Dhabi Securities Exchange (ADX) rose for the seventh session in a row amid low turnover on Sunday, spurred by gains of the banks and energy sectors.
The UAE markets are likely to continue their rise in the last sessions of this year amid investors’ desire to improve the technical closures, financial market technical analyst Amir Mansour.
Investors may tend to build new positions in stocks that neared the support levels and witnessed heavy purchases.
Translated by: Julian Nabil
