The Week Ahead - Regional Markets
Gloom is likely to persist in the regional equity markets as global central banks remain committed to increasing interest rates further to combat spiraling inflation, which is feared to push the global economy into recession. Moreover, the protracted confrontation between Russia and Ukraine might continue to pose global supply chains and logistics problems, thereby keeping inflation firm.
This week, shareholders of Arabian Centers, East Pipes, Retail Urban Development, and Fertiglobe will consider approving dividend distributions.
