Saturday 14 May 2011

gulfnews : Summer exit: may be not this time

It's that time of year when UAE investors, as many in other global markets, start contemplating whether to stay out of the market during the long summer period, when volumes drop and there's usually no catalyst to drive prices.

Unlike previous years, when large number of retail investors exited, this summer could be different, according to some market observers.

With the local markets stabilising from the lows of March and the possibility of the UAE being upgraded to the MSCI (Morgan Stanley Capital International) emerging markets index, investors may do well to stay put, according to those who harbour a positive outlook.

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