Geopolitical tensions to set GCC markets’ trend in September | ZAWYA MENA Edition:
The performance of the GCC stock markets is likely to vary in September amid the positive indicators of the US-China trade war being recently resolved with a calm attitude, analysts told Mubasher.Info.
By the end of August, the bourses in the Gulf region have seen a mixed performance, with the Saudi Stock Exchange (Tadawul) leading the decliners after hitting its lowest level in eight months and the Abu Dhabi Securities Exchange (ADX) rising marginally.
The GCC markets are expected to begin September with limited upticks amid investors’ anticipation of new updates regarding the US-china trade dispute, economist Ibrahim Al-Failakawi told Mubasher.
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