Wednesday, 6 June 2018

Monthly markets round-up: Middle East markets experience lower volumes during Ramadan | ZAWYA MENA Edition

Monthly markets round-up: Middle East markets experience lower volumes during Ramadan | ZAWYA MENA Edition:

"Most stock markets in the Middle East region traded lower in May, amid thin volumes during the holy month of Ramadan.  Volatility in oil prices and geopolitical tensions were the main drags on the indices. Oil prices were trading at three and-a-half-year highs in May, after the United States President Donald Trump said that the U.S. would withdraw from the Iran nuclear deal, triggering a re-imposition of sanctions and the effective removal of Iranian supplies for most major economies."



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