Thursday 31 December 2015

Challenging year ahead for UAE equities | GulfNews.com

Challenging year ahead for UAE equities | GulfNews.com:

"Investors in the UAE’s equity markets can expect another volatile year ahead where oil prices, geopolitical tension, government policies, and actions from the US Federal Reserve will continue to define sentiment, analysts said.

With Brent oil prices currently hovering around the $36 (Dh132) a barrel level and supply still flooding the market, analysts said such fluctuations will continue to take a toll in 2016 on equities despite essentially strong fundamentals.

Analysts also expected negative sentiment to overpower attractive valuations on the short and medium terms."



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