Sell Gulf stocks in May and go away? | GulfNews.com:
"Should investors in Gulf stocks sell in May and go away?
Historically stocks have underperformed from May through October compared to the six-month period from November to April, but with the summer season ahead of local investors, combined with the Ramadan and Eid period, many fund managers are advising this could be a good strategy.
All markets posted either a relatively smaller loss or even a gain as in the case of Abu Dhabi in the 6-month period from November 2015 through April 2016 versus the preceding 6-month period, according to Amr Al Alfy. head of global research at Mubasher Financial.
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