GCC markets in need for more liquidity – Analysts

GCC markets in need for more liquidity – Analysts
The indices of the GCC stock markets are facing strong resistance

By: Mahmoud Gamal

Mubasher: The Gulf stock markets are expected to face a challenge in attracting more liquidity in the coming sessions amid investors’ anticipation of leading companies to disclose their quarterly income statements, technical capital analyst Aly Al Washhi said.

The bourses listed on the emerging markets’ list, led by the UAE, are forecast to be impacted by global markets, capital market analyst Hammoud Al Azmi said.

The indices of the GCC stock markets are facing strong resistance, Al Azmi added.

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Source: Mubasher Exclusive

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