Will GCC stock markets recover this autumn? (Re-post)

The timing of Ramadan this year means that the traditional post-holy month return of investors to GCC stock markets is put back until the last few days of September.

The big question then is whether this will herald a stock market upturn. Last autumn regional stock markets collapsed by up to 70 per cent and have been bouncing along the bottom for the past eight months, although the past two months have shown a slight recovery on the back of higher oil prices.