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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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Before the end of 2018. Where are the Gulf bourses going?

rocky
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Before the end of 2018. Where are the Gulf bourses going? Empty Before the end of 2018. Where are the Gulf bourses going?

Post by rocky Sun 30 Dec 2018, 2:17 am

Before the end of 2018. Where are the Gulf bourses going?

Before the end of 2018. Where are the Gulf bourses going? 12133
Traders 



Analysts expected most Gulf markets to continue their wobbly performance during the Sunday and Monday sessions, "the last session of this year," amid the trend of most of the portfolios to improve the annual closures and increase the centers operational stocks characterized by cash dividends, despite the decline in global markets last Friday.
At the end of last Thursday's meeting, the Saudi stock market and most of the Gulf stock markets rose with Brent crude climbing below $ 50 a barrel, which boosted investor sentiment.
Khalid Al-Zaher, a financial analyst and economic expert of Mubasher, expected to dominate the trading sessions Sunday and Monday, green amid the search by many of the portfolios to improve the prices of the annual closures.
He stressed that in conjunction with the close of the closure of the fourth quarter and the closing of the annual budgets of companies will be highly volatile because investors are currently in the screening stage of companies that are better operational.
Investors are looking to hold on to stocks with better cash returns, and this always requires traders to follow the expectations of board decisions in that regard, which are expected to be announced during the first quarter of next year, he said.
He pointed out that the Gulf markets were directly affected by the decline in oil prices so as to anticipate the next oil prices and price stability, causing the weakness of trading and liquidity flowing to the markets.
He pointed out that oil prices entered from the beginning of December in a sharp decline affected by political statements and calls to curb prices from the rise, which affected them directly, and the inability of OPEC in its last meeting to control oil prices and curb the bleeding of its prices.
Oil has managed to hold the price of support above the price of $ 50 a barrel, and it is expected to close above $ 55 a barrel.
For his part, said Ibrahim al-Failakawi economic adviser that these moves come in light of the fog in the oil and the agreement of OPEC and the allies, the latter, which has not been applied so far and did not affect the prices, which are falling at levels of decline has not reached since 2017.
He pointed out that the temporary gains that will be achieved by some portfolios in the Gulf markets also come in the absence of a fundamental solution to the dispute between Trump on the wall of Mexico and the federal, which is still trying to continue in the policy of raising interest that harms the trading of shares globally and in a flash.
This year, the Fed implemented 4 interest rate increases.
He pointed out that there are expectations that semi-government funds will intervene again in the Gulf markets during the coming period if necessary, especially Saudi Arabia, which is supposed to complete the landing cycle in early January.


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