GCC markets seen rising on more buys – Analysts

By: Mahmoud Gamal

Mubasher: The Gulf stock markets are back to regain their good levels as foreign traders tend to buy blue chips in line with the rising oil prices, analysts told Mubasher.

The majority of the GCC markets are expected to see a sideways upward performance on Wednesday.

Foreign investors tend to build new positions through blue chips and medium shares, especially at the UAE markets and Qatar Stock Exchange (QSE), capital market analyst Duaa Farouk said.

 

MUBASHER Contribution Time: 18-Jan-2017 05:19 (GMT)
MUBASHER Last Update Time: 18-Jan-2017 05:19 (GMT)