Dubai market down 14% this week, throws silver lining in select stocks | GulfNews.com:
"Some large cap stocks in Dubai are looking attractive over a medium to long-term perspective, analysts said, after the Dubai index shed more than 14 per cent in the week.
“Stocks are attractive on a medium to long term perspective; we would wait for the fear factor to dissipate before entering stocks that have attractive valuations. I would stick to the large cap liquid stocks,” said Saleem Khokhar, head of equities at National Bank of Abu Dhabi’s asset management group told Gulf News.
On Thursday, Dubai index led the Gulf markets lower as a further decline in crude oil and global growth concerns continued to rattle investors."
'via Blog this'
No comments:
Post a Comment