Dubai Financial Market Performance YTD … WOW!
- Published on Tuesday, 05 February 2013 15:18
- 2 Comments
|Market||YTD Return %|
|Bahrain All Share||1.9%|
|Egypt – EGX30||5.2%|
* Traded from Monday to Friday. Returns as of market close on Feb. 4, 2013. Source: Global Investment House
It’s important to note, however, that markets in the Gulf lack the liquidity of larger emerging markets, with the exception of Kuwait and Saudi Arabia. As such, money flowing in or out can result in huge sings up or down. For now, investors and market watchers in the region are optimistic that the high-flying performance will the the theme for 2013.