Winners and losers: The best and worst performers in GCC equity markets last year | ZAWYA MENA Edition:
"The Gulf's equity markets may have endured something of a rocky ride in 2017, and, after a bright start this year, look set for more uncertainty, at least in the short-term.
Higher oil prices had led to all of the Gulf Cooperation Council’s stock markets posting gains in the first month of the year - except for Oman, which fell by 1.9 percent – but the global sell-off in equity markets around the world in early February led to some of these gains being reversed.
The uncertainty created by the sharp decline in equities could threaten to sharply close what was seen as a window for potential successful initial public listings (IPOs), following the flotation of Dubai’s Emaar Developments in November and Abu Dhabi’s ADNOC Distribution one month later."
'via Blog this'
No comments:
Post a Comment