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Expectations are constantly varied Gulf markets in the absence of catalysts and continued selling
2016/10/27 | 07:20
(Encyclopedia of the Day News | Iraq News ) - From: Mahmoud Jamal
Direct: Analysts for "direct" that the Gulf markets continue to perform differential during the Thursday session with the continued decline in liquidity, and the reluctance of investors to purchase, and the worsening of the global market losses, and oil.
Gulf markets saw indications Wednesday variation influenced by low oil prices and weak corporate results.
Ibrahim said Failkawi technical analyst at progress Studies Center, said that investor sentiment is weak markets in general because of the lack of visibility for corporate profits.
He Failkawi The conflicting statements about the possibility of OPEC producers agreement, and the approach of the US election, growing Torghyat on US interest rate in December than the uncertainty in the near term.
Failkawi pointed out that the market still lacks confidence in price levels, it turned out some of the stock, noting that the declines witnessed was expected after the undeserved heights witnessed.
Said Mohammed al-Shammari, an analyst financial markets that the Gulf markets currently lacks positive news stimulated the ups and reduce the association with external factors, particularly oil prices, which have become the sole driver of the market.
Shammari stressed that the results of the companies that builds a lot of investors it hopes may broadcast a state of optimism and move stock prices, especially if the approach to the expectations Pthassanha came.
Hassan Azwaa capital markets analyst noted that hasty decisions in the volatile markets is one of the most errors committed by individual investors, advising to wait in a state of uncertainty dominating the trading.
The following are closing the Gulf market indices levels on Wednesday:
Saudi Arabia ..
index rose 0.04% to 5884.99 points.
Dubai ..
index fell 0.98% to 3304.2 points.
Abu Dhabi ..
index rose 0.03% to 4265.83 points.
Egypt ..
index fell 0.05% to 8257.21 points.
Qatar ..
index dropped 0.4% to 10362.69 points.
Kuwait ..
index rose 0.2% to 5403.7 points.
Oman ..
index fell 0.17% to 5513.7 points.
Bahrain ..
index rose 0.12% to 1144.88 points.
http://hathalyoum.net/1140310
Direct: Analysts for "direct" that the Gulf markets continue to perform differential during the Thursday session with the continued decline in liquidity, and the reluctance of investors to purchase, and the worsening of the global market losses, and oil.
Gulf markets saw indications Wednesday variation influenced by low oil prices and weak corporate results.
Ibrahim said Failkawi technical analyst at progress Studies Center, said that investor sentiment is weak markets in general because of the lack of visibility for corporate profits.
He Failkawi The conflicting statements about the possibility of OPEC producers agreement, and the approach of the US election, growing Torghyat on US interest rate in December than the uncertainty in the near term.
Failkawi pointed out that the market still lacks confidence in price levels, it turned out some of the stock, noting that the declines witnessed was expected after the undeserved heights witnessed.
Said Mohammed al-Shammari, an analyst financial markets that the Gulf markets currently lacks positive news stimulated the ups and reduce the association with external factors, particularly oil prices, which have become the sole driver of the market.
Shammari stressed that the results of the companies that builds a lot of investors it hopes may broadcast a state of optimism and move stock prices, especially if the approach to the expectations Pthassanha came.
Hassan Azwaa capital markets analyst noted that hasty decisions in the volatile markets is one of the most errors committed by individual investors, advising to wait in a state of uncertainty dominating the trading.
The following are closing the Gulf market indices levels on Wednesday:
Saudi Arabia ..
index rose 0.04% to 5884.99 points.
Dubai ..
index fell 0.98% to 3304.2 points.
Abu Dhabi ..
index rose 0.03% to 4265.83 points.
Egypt ..
index fell 0.05% to 8257.21 points.
Qatar ..
index dropped 0.4% to 10362.69 points.
Kuwait ..
index rose 0.2% to 5403.7 points.
Oman ..
index fell 0.17% to 5513.7 points.
Bahrain ..
index rose 0.12% to 1144.88 points.
http://hathalyoum.net/1140310
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