MENA Equities: Best and worst performers in H1 2019 | ZAWYA MENA Edition:
Stock markets in the region performed well in H1 2019, as oil and world stocks surged during the first six months of the year.
Zawya has compiled data on the top and worst performing stocks in the UAE, Saudi Arabia and Egypt the first half of the year and calculated the change in market capitalisation in each of the listed countries, based on data from Refintiv’s Eikon.
Sharing views on MENA markets’ performance in H1 2019, Charles-Henry Monchau, head of investment management at Dubai-based Al Mal Capital said: “When looking back at macro numbers over H1 in the region, we can see clear signs of a divergence in local business cycles. Encouragingly, some of the largest regional economies – including Saudi Arabia, the UAE and Egypt – are all showing signs of an acceleration in consumption and investment.”
No comments:
Post a Comment