By: Mahmoud Gamal
Mubasher: The stability of the UAE stock markets in Tuesday’s session and until the end of this week is subject to the entrance of long-term institutional investments in order to take good advantage of blue chips which have reached good prices, analysts told Mubasher.
Trading at the UAE stock markets is witnessing a speculative performance for good-price shares, capital market analyst Duaa Farouk said, noting that the low liquidity makes it hard to predict the markets’ performances.
Fforeign and Gulf investors in UAE markets have been trying to assert pressure to decrease stock prices before purchasing, capital market analyst Amer Al Muhannadi said.
He noted that the current period will witness stock purchasing of shares that are expected to have a good financial performance in line with the approach of the first quarter’s financial disclosures.
