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Analysts: Gulf investors are watching the oil trends and the Istanbul talks
2016/10/12 | 09:20
(Encyclopedia of the Day News | Iraq News ) - From: Mahmoud Jamal
Direct: Analysts said the "live", said Gulf markets investors are closely watching the oil price trends, on Wednesday, to coincide with OPEC to hold talks with non-member oil producers in Istanbul.
At the end of trading yesterday, Brent crude fell 1.4% to $ 52.41, as US crude West Texas dropped 1% to $ 50.79 a barrel.
Conducts talks with the OPEC oil producers are not members of Istanbul today in an attempt to put the details of a global agreement to curb production for at least six months, after Russia expressed support for the plan.
And conducted ministers from OPEC member-nation talks at the World Energy Conference to win support for the agreement reached by the organization in Algeria last month, hoping adopted at the end of November.
Most Gulf stock markets rose on Tuesday, with the cohesion of oil prices near their highest levels in a year.
Hassan said angular, an analyst with financial markets: The general trend of the performance of the market is moving towards higher volatility italics near-level, in conjunction with the stability of oil prices over the technical safety levels at $ 50.
Angular and pointed out that the global market declines suffered in Tuesday's session will negatively affect some regional markets, as investors awaited the results of the Istanbul talks, which would have an impact on oil prices, which are the main engine of the shares currently.
He noted technical analyst for capital markets Ibrahim Failkawi in an interview for "direct", that blue chip stocks started in positive movement after the announcement of results for the third quarter, indicating that the announcement of the third quarter, the market results of the approach will be a catalyst for the return of liquidity to operational stocks.
In Qatar, Qatar National Bank stepped up the largest share listed shares 0.5% after the bank reported a 10.2% increase in net profit for the third quarter to 3.45 billion riyals.
Said Mohammed Al-Azmi, an analyst with the Gulf markets for "direct": "The majority of the region's markets technical indicators suggest it approached the speculative heights."
Azmi advised dealers speculation quick equities; to exploit these Alaratdadh reduce losses on their portfolios in the past sessions.
http://hathalyoum.net/1126247
Direct: Analysts said the "live", said Gulf markets investors are closely watching the oil price trends, on Wednesday, to coincide with OPEC to hold talks with non-member oil producers in Istanbul.
At the end of trading yesterday, Brent crude fell 1.4% to $ 52.41, as US crude West Texas dropped 1% to $ 50.79 a barrel.
Conducts talks with the OPEC oil producers are not members of Istanbul today in an attempt to put the details of a global agreement to curb production for at least six months, after Russia expressed support for the plan.
And conducted ministers from OPEC member-nation talks at the World Energy Conference to win support for the agreement reached by the organization in Algeria last month, hoping adopted at the end of November.
Most Gulf stock markets rose on Tuesday, with the cohesion of oil prices near their highest levels in a year.
Hassan said angular, an analyst with financial markets: The general trend of the performance of the market is moving towards higher volatility italics near-level, in conjunction with the stability of oil prices over the technical safety levels at $ 50.
Angular and pointed out that the global market declines suffered in Tuesday's session will negatively affect some regional markets, as investors awaited the results of the Istanbul talks, which would have an impact on oil prices, which are the main engine of the shares currently.
He noted technical analyst for capital markets Ibrahim Failkawi in an interview for "direct", that blue chip stocks started in positive movement after the announcement of results for the third quarter, indicating that the announcement of the third quarter, the market results of the approach will be a catalyst for the return of liquidity to operational stocks.
In Qatar, Qatar National Bank stepped up the largest share listed shares 0.5% after the bank reported a 10.2% increase in net profit for the third quarter to 3.45 billion riyals.
Said Mohammed Al-Azmi, an analyst with the Gulf markets for "direct": "The majority of the region's markets technical indicators suggest it approached the speculative heights."
Azmi advised dealers speculation quick equities; to exploit these Alaratdadh reduce losses on their portfolios in the past sessions.
http://hathalyoum.net/1126247
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