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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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    Divergent views on trends in the Gulf markets, with the approach of OPEC meeting

    rocky
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    • Post n°1

    Divergent views on trends in the Gulf markets, with the approach of OPEC meeting Empty Divergent views on trends in the Gulf markets, with the approach of OPEC meeting

    Post by rocky Sun 25 Sep 2016, 10:37 am

    Divergent views on trends in the Gulf markets, with the approach of OPEC meeting
    Divergent views on trends in the Gulf markets, with the approach of OPEC meeting 5401620_640
    Traders follow the prices Hall of the Kuwait Stock Exchange, the image of Reuters Arabian Eye September 25, 2016 6:06
    From: Mahmoud Jamal
    Direct: varied views of analysts financial markets, stock markets around the Gulf directions during the trading week, in light of the two sales and purchasing by the conflict surrounding factors, and the vagaries of world markets, oil prices pressures under control of the state of anticipation for the outcome of the OPEC meeting.
    OPEC members will meet on the sidelines of the International Energy Forum, which brings together producers and consumers in Algeria during the period from September 26 to 28 of the same month.And also it will attend a Russia which is not a member of OPEC Forum.
    Shares in the Gulf region on Thursday , tracking global equities after kept the US central council rates interest unchanged.
    She said Inas Amkadih, analyst financial markets, in a statement via email to directly: Most Gulf markets now tend technically to the negative and any rise will be seen remains opportunities for speculation and advise caution until and clarity of direction after OPEC's decision expected on oil production.
    Predicted Amkadih, to open rises Saudi index in the trading session Sunday highest level of 6000 thousand points after the kingdom offered Iran a production corresponding reduction to prove Iran's output at levels of 3.6 million barrels per day, which is a positive step in the context of seeking to stabilize the price of crude.
    She explained Amkadih, that Dubai's index firming higher than the level of 3500 points to be nominated for further climb, driven by real estate stocks.
    She Amkadih, the cohesion of Qatar's index higher level of 10150 important point to complete his rise towards the 10,600 point level.
    For his part, Mohamed Azmi analyst financial markets, said that the governor will go to implement selling operations markets in the Gulf during today's meeting, the excuse that these proactive moves to reap the last session of gains, before the losses stocks rise in light of the lack of clarity about the direction of oil, which fell last weekend 4%.
    On his part, he said Fouad Darwish, an economic analyst at the supermarket want to "live", that speculation is fast becoming the master of the style currently markets; and to take advantage of these unstable conditions.
    Darwish pointed out that the GCC stock markets need real incentives so that they can maintain current levels, and to penetrate new levels.
    Said Muhammad al-Harbi, director of the Governor of the markets in the Gulf for "direct": The global market performance variation will pay investors for more equity dilution centers that have achieved Mstahedvadtha, especially the most promising markets, such as the UAE bourses that have good chances now.
    He advised the financial markets analyst Hamoud Al-Azmi, dealers not to rush to buy Gulf stock in light of the volatile performance of global markets and oil.
    The following are closing the Gulf market indices levels during the session last Thursday:
    Qatar .. index rose 1.6% to 10413 points.
    Dubai .. index rose 2% to 3514 points.
    Abu Dhabi .. index rose 1% to 4515.5 points.
    Egypt .. index fell 0.3% to 7914 points.
    Bahrain .. The index stood at 1134 points.
    Oman .. The index rose 0.03% to 5766 points.


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