Dubai-Mubasher: The UAE capital markets are forecasted to keep logging modest losses in November’s last session on Monday, analysts told Mubasher.

On Sunday, both Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX) ended the day in the red zone.

The UAE stock markets are suffering from lack of catalysts in the current period, which gave speculators the chance to take control of the bourses, something that reflected negatively on liquidity, according to analysts.

There was a flurry of selling activity on the stocks of ADX’s Etisalat and DFM’s Emaar and Arabtec, said analyst Jamal Ajjaj.

In light of falling prices, the low liquidity injected into the market could be viewed as positive  , as it proves that there is no “panic selling”, added the analyst.

The index is expected to remain in the safe zone as long as it is at 4,100 points. However, if this point is broken, the index will fall to 3,900 and 3,500 points, said technical analyst Mohamed Sonbol.