By: Mahmoud Gamal
Mubasher: The Gulf stock markets are expected to trade on Thursday at levels that help on profit taking, analysts told Mubasher.
The GCC markets are trading at levels that may lead to a downward trend in line with the current decreasing liquidity, capital market analyst Mahmoud Abo-Zaid said.
As the disclosure of the fourth quarter’s financials approaches, investors will focus on operating shares to increase positions, especially for companies that are being promoted to enter global markets like in Saudi Arabia, the analysts added.
