UAE stock markets face uncertain last quarter as IMF warns of emerging economies’ slowing growth | The National:
"Investors are bracing themselves for an unsettled final three months of the year for UAE stock markets after a turbulent third quarter, as the IMF warns that emerging economies face their fifth consecutive year of slowing growth.
Headline indexes in Dubai and Abu Dhabi closed in positive territory on the first day of the fourth quarter yesterday, after each recorded their worst quarterly performance of the year for the three months to the end of last month.
Emerging markets were set for a fifth year in a row of declining annual growth this year, Christine Lagarde, the IMF’s managing director, said on Wednesday, with the global economy standing at “a difficult and complex juncture”."
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