Thursday 23 October 2014

Good bargains in UAE equities as market stabilises | GulfNews.com

Good bargains in UAE equities as market stabilises | GulfNews.com:



"The Dubai index, which shed about 14 per cent last week, has thrown up good bargains in select sectors, even as markets stabilise.



On Wednesday, the Dubai Financial Market General Index rose as much as 2.8 per cent before ending 2.34 per cent higher to be at 4,545.91. That adds to previous session’s 1.5 per cent gains.



“We expect market to stabilise. There are good bargains to buy in the market and the volatility should ease a bit,” said Sebastien Henin, head of asset management at The National Investor."



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