UAE’s stellar stock markets now face ‘year of delivery’ | The National:
"Fund managers are warning of a challenging year ahead for the country’s stock markets, after Dubai’s index rose more than 100 per cent last year.
“It’s going to be difficult because most of the re-rating happened in 2013,” said Fadi Al Said, the Dubai-based head of equities at Ing Investment Management.
“The opportunities are fewer, stocks have gone up drastically and they are going to have to deliver. This year is going to be the year of delivery.”
Yesterday, the first trading session of the new year brought robust gains in Dubai and Abu Dhabi."
'via Blog this'
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