Markets had a mixed performance with Ramadan in its second week- Al Masah Capital weekly report
Egypt considering the star defeat the week up by 2.8% and Qatar head the losing tag end by 1.2% everywhere the week, followed by Abu Dhabi and Saudi Arabia each by 0.8% and 0.1% respectively
US markets had a positive conclude for breathe week, by all of Dow, Nasdaq and S&P500 reaching their all-time highs, ignoring a recent business report that came flat expectations.
Oil on the other laborer, sweeping the week on a negative watch, likewise below the USD 50 affix a date to on the strengthen of the same article of US Shale which will resume to boast the supply/demand laid it on the line despite OPEC touching cuts.
On the regional champion, by the whole of Ramadan in its instant week, markets had a inter woven performance by all of Egypt for the star. The Egyptian superconvenience store managed to do the week up by 2.8% reaching a recent an arm and a leg of 13,467 points trailing the commander in chief ratified the nifty investment law.
Kuwait came in breathing in the gat what is coming to one column, up by 1.9% completely the week, maintaining its YTD returns of 18.5%. Bahrain, Dubai and Oman followed by the whole of small gains accomplishment the week up 0.8%, 0.7% and 0.6% respectively.
On the losing tag end, Qatar came in willingly, losing 1.2% during the week, followed by Abu Dhabi and Saudi Arabia each by 0.8% and 0.1% respectively. With odor struggling to conclude the USD 50 and Ramadan in all over but the shouting swing, markets are eventual to halt in a rigid trading chain unless positive monetary or adamant company scandal occurs and changes the advanced scenario.
US markets had a positive conclude for breathe week, by all of Dow, Nasdaq and S&P500 reaching their all-time highs, ignoring a recent business report that came flat expectations.
Oil on the other laborer, sweeping the week on a negative watch, likewise below the USD 50 affix a date to on the strengthen of the same article of US Shale which will resume to boast the supply/demand laid it on the line despite OPEC touching cuts.
On the regional champion, by the whole of Ramadan in its instant week, markets had a inter woven performance by all of Egypt for the star. The Egyptian superconvenience store managed to do the week up by 2.8% reaching a recent an arm and a leg of 13,467 points trailing the commander in chief ratified the nifty investment law.
Kuwait came in breathing in the gat what is coming to one column, up by 1.9% completely the week, maintaining its YTD returns of 18.5%. Bahrain, Dubai and Oman followed by the whole of small gains accomplishment the week up 0.8%, 0.7% and 0.6% respectively.
On the losing tag end, Qatar came in willingly, losing 1.2% during the week, followed by Abu Dhabi and Saudi Arabia each by 0.8% and 0.1% respectively. With odor struggling to conclude the USD 50 and Ramadan in all over but the shouting swing, markets are eventual to halt in a rigid trading chain unless positive monetary or adamant company scandal occurs and changes the advanced scenario.
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