Saturday, 19 July 2014

Despite upgrade, UAE and Qatar markets still considered risky | GulfNews.com

Despite upgrade, UAE and Qatar markets still considered risky | GulfNews.com:



"Despite their recent upgrade to the emerging market status, the UAE and Qatar are considered risky by many investors and analysts, with one analyst citing the Dubai Financial Market (DFM) as the riskiest in the Arab world.



This has long been attributed to the market volatility, and the ability of certain stocks to control the index and drastically affect its movement. The most notable stock on DFM is Arabtec, which was suspended from trade on Thursday due to ambiguity on its share ownership.



Investors also fear difficulties in accessing the market, and political unrest in the Middle East, which sometimes affects trade of certain stocks."



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