By: Mahmoud Gamal
Dubai – Mubasher: The UAE stock markets are in need for some time to regain their activity amid the lack of catalysts and weak liquidity, in line with Eid Al-Adha holiday as well as the fluctuations being seen in oil and global markets.
Volatility is still directing the UAE stock exchanges and may last until the beginning of Q3 financials’ announcement, capital market analyst Tarek Qaqeesh said.
In Thursday’s trading session, the UAE markets are likely to see fluctuations amid the decline of trading volume, analyst Jamal Ajjaj noted through a phone interview.
The markets may still have calm performance in the sessions following the Eid break, he added.
Translated by: Ingy ElSafy
