26 June 2016
After the Brexit poll came out in favor of an exit of Britain from the EU, global markets witnessed a freefall. Most investors were expecting opposite results, leaning towards expecting the UK would remain in the union, reported Al Masah in their weekly research report.

Investors have gone to the sidelines preferring to sell risk assets in this time of uncertainty and await more clarity on the impact such a decision could have on the UK, the EU and the global economy given the vigor of the fall in market prices on Friday with the Nikkei down 7.9%, Euro Stoxx falling by 8.6% and the S&P down 3.6%. Regional markets will be under pressure this week, a reflection of the risk off trade exhibited in global markets at the moment.

ICE Brent Future's active contract headed south falling from $50 a barrel to $48, while gold's safe haven status was on display rallying from $1250 per oz. to a high of $1359 during the day before settling at $1315. The British pound sold off some 8% against the dollar on Friday while the euro declined by around 2.5% against the dollar.

 "We expect regional markets to exhibit volatility from Brexit tremors in the coming week especially with the reduced volumes during Ramadan. Volatility is not necessarily a bad thing and can be a friend to the long term investor as it affords them the ability to purchase undervalued securities." Said a spokesperson from Al Masah Capital



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About Al Masah Capital
Al Masah Capital is one of the fastest growing alternative asset management and advisory firms focused on the MENA and SEA regions. Established in 2010 Al Masah Capital provides tailored solutions to a broad investor base, offering private equity advisory (across Healthcare, Education, Food & Beverages, Logistics and other consumer driven sectors), asset management, corporate and real estate advisory as well as public market research services.

With operations in Dubai, Abu Dhabi and Singapore, Al Masah advises qualifying investors on growth opportunities in 13 focus markets in MENA and South East Asia.

For further information, please log on to www.almasahcapital.com
For more information, please contact:
Krishika Mahesh/Aser Ismail: Krishika@matrixdubai.com  / Aser@matrixdubai.com

© Press Release 2016