GCC investors to boost positions in real estate sector


(MENAFN) The GCC stock markets' investors are projected to keep attracted to price levels and growing positions in banks and real estate stocks.

Accordingly, investors are turning to the stocks of small enterprises, especially in the Saudi Stock Exchange (Tadawul).

Meanwhile, some portfolios are concerned about growing their positions in Al-Rajhi Bank's stock, which grew in the previous session by 1.7 percent.

Furthermore, retail and regional investors have shown new purchasing power in the UAE markets as it has blue chips at attractive levels.

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MENAFN

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