Regional markets are expected to catch up with the positive trend recorded in the global markets: report

The month of May was disappointing for the regional markets


Global equity markets bounced back during the week on the back of growing optimism that the US Fed could cut rates this year to sustain expansion, outweighing the concerns over cooling off labor market. Brent oil prices performed negatively as it was down by 0.5% during the week.

For the regional markets, most of the major markets were closed on occasion of Eid. The month of May was disappointing for the regional markets as all the markets under coverage reported losses in May. Saudi Arabia was the worst performing index with losses of 8.5%, followed by 7.7% in Egypt, and 5.3% in Dubai.

Going forward, the regional markets are expected to catch up with the positive trend recorded in the global markets during the previous week. Moreover, investors are expecting rate cuts by the US Fed in the coming months, which should augur well for the regional markets. Trading activity is also expected to pick up as investors return post a week long Eid break.


About Allied Investment Partners PJSC

Established in 2007, Allied Investment Partners PJSC is licensed by Central Bank of the UAE and Securities and Commodities Authority, and is a leading investment firm providing various services like Asset Management, Alternative Investments, Wealth Management, Securities and Custody Services, Corporate Finance and Investment Banking Advisory.

For more information, please visit 

For media enquiries, please contact Matrix Public Relations
Krishika Mahesh:
Or call: 04 34 30 888

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases