Page 52 - UNION PROPERTIES GENERAL REPORT - April 2024_Neat
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4/16/24, 9:47 AM UAE, Gulf investors cautious after latest Middle East crisis; gold's down, Bitcoin prices regain | Markets – Gulf News
On Sunday (April 14), the Saudi Tadawul initially dragged lower as the world watched
what could happen next on the ground.
The overall market cap was up on April 14
due to gain in Saudi Aramco share price,
which more than offset the drop in the
wider markets
- Junaid Ansari of Kamco Invest
Even then, GCC investors were seen as holding their nerve. “We believe that
yesterday's (April 14) decline was much milder than expected,” said Junaid Ansari,
Director of Investment Strategy and Research at Kuwait’s Kamco Invest.
https://gulfnews.com/business/markets/uae-gulf-investors-cautious-after-latest-middle-east-crisis-golds-down-bitcoin-prices-regain-1.1713162650345 3/7
