Monday 6 December 2010

Qatar in investors' spotlight

Led by Qatar, local markets will be back in focus this week as investors consider the end of the year and an Abu Dhabi property developer approaches a major deadline.

'It is the last month of the year. Domestically, portfolio and asset managers will be measuring up the performance of their funds to benchmark indexes,' said Alfred Fayek, the head of MENA region equity sales at EFG-Hermes in Dubai.

'We should start seeing some trading activity pick up and specifically from leading stocks that are part of the MSCI UAE Index and other local indexes.'

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