Sunday 14 August 2011

Investors search for signs of stability - The National

Regional investors will be hoping for stability to return to the markets after the worst three weeks for stocks in two-and-a-half years.

With the shock from the August 5 US credit rating downgrade behind them, investors will focus on signs that European policymakers may be able to contain the euro-zone debt crisis. The signs will come from a varying palette, including the quarterly releases of regional publicly listed companies, euro-zone data and a court hearing in the trial of Hosni Mubarak, Egypt's former president.

But getting to that stability may require the market finding a floor.

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