Regional stock markets are likely to witness a correction early this week as investors may be keen to book profits and build new positions, market analysts told Gulf News.
"I am expecting a correction in the Qatar market and possibly in Saudi Arabia as well. These markets have performed strongly in recent days," said Chahir Hosni, sales manager with EFG-Hermes.
"Overall, in the medium-term, the regional markets, which have been lagging most of the emerging markets are likely to gain momentum from higher global oil prices which are close to $100 (Dh367) a barrel," he added.
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