Tags

, , , ,

Abu Dhabi – Mubasher:

Retail investors are currently controlling market performance amid the absence of institutional investments, which are also awaiting financials of major companies in order to pump more liquidity into the market, Market analyst and member at the American Society of Technical Analysts Hossam Al Husseiny told Mubasher in an exclusive comment,

He attributed the low levels of trading to an unclear vision regarding the market’s path, added to leading companies like Emaar, Arabtec and Aldar not having announced their financials.

Institutional selling has been clear since the beginning of the year due to the unclear vision regarding the market, amid fluctuating oil prices and global markets, he noted.

Read more:  Institutional liquidity awaits top real estate financials – Analyst

 

Advertisements