By Mahmoud Gamal
Mubasher: GCC and Egypt equity markets are forecast to hold at the current levels during the coming two sessions amid the re-fall of oil and world markets once again, analysts told Mubasher.
Regional markets are likely to deliver a mixed performance in the coming two sessions with steadiness at the present technical levels, said financial market analyst Mahmoud Maher, adding that a real recovery will not likely happen unless oil prices stand above $50 per barrel.
In addition, investors are still uncertain about whether the downward phase has ended or not in spite of the mid-week rises, said market analyst Waddah Al-Tah, assuring that quick speculation is the best trading mode to make the optimum use of such unstable trading activity.
