Tuesday 6 February 2018

Monthly round-up: Gulf markets rebound at the start of 2018 | ZAWYA MENA Edition

Monthly round-up: Gulf markets rebound at the start of 2018 | ZAWYA MENA Edition:

"January was a positive month for Middle East stock markets which tracked record high levels reached by global markets in a very busy beginning of the year. A good range for oil prices was also one of the main supports for Gulf stocks. Momentum started fading in the first week of February, though, with most global markets dropping as a result of profit-taking. Investors will be looking at the 2017 end-of-year and fourth quarter earnings results for more clues in the coming days. "



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