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Weekly Equity Comment

 

A Cautious Tone

Weekly Equity Comment – 22 March 2017

It has been a turbulent period for Mena recently with oil price moving lower, however, Mena markets have recovered slightly from recent lows and do offer value. Nonetheless we do anticipate further volatility. Global markets have performed well but yesterday’s move in the US raises a number of concerns, the medium to longer term picture remains intact but we have turned cautious in the very near term (..)

Saleem Khokhar, NBAD's Head of Fund Management

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