<Regional markets are turning the page on a bad February and regaining the buying fervor of January, despite the negative performance of major regional indices during the first few days of March, with only Egypt coming in the green with +0.57%, according to a report released by Al Masa Capital. Qatar was the worst performer, down 1.9%, followed by the UAE markets which saw negative performance with Dubai down 1.4% and Abu Dhabi down 1.2% for the week. Kuwait, Bahrain and Oman all fell by 0.6%, while Saudi Arabia's market came in with an almost flat trading average, falling by 0.4% during the week.

Markets in the UAE may continue to see negative performance with Dubai down 1.4% and Abu Dhabi down 1.2% for the week.

Investors may remain cautious next week, and regional markets may witness a week of horizontal trading through price channels on low volumes. <On the other hand, the global markets have been optimistic since the beginning of March, and the US markets reached all-time highs with the Dow Jones breaking 21,000 points and the S&P 500 just below the 2400 level, as all the results were influenced by President Trump's speech to Congress. There were signals from the Fed at the end of the week expecting a mid-March rate hike. Oil continued to consolidate its position in the current trading range to end the week below the $56 mark.