Arab stock markets closed lower last week as investors focused attention on fourth quarter results and steps being taken by European policymakers to come to grips with the euro zone debt ordeal, financial analysts said Friday.
They expected regional equities to come under additional pressure from political turmoil of by the Arab Spring developments and the standoff over Iran's nuclear file.
"I believe investors will be now turning their attention to the fourth quarter results," Nizar Taher, chief of brokerage at the Jordan Ahli Bank, told Arab News.
They expected regional equities to come under additional pressure from political turmoil of by the Arab Spring developments and the standoff over Iran's nuclear file.
"I believe investors will be now turning their attention to the fourth quarter results," Nizar Taher, chief of brokerage at the Jordan Ahli Bank, told Arab News.
No comments:
Post a Comment