Executive Summary
A monthly publication that covers the performance of GCC and global Capital markets (Equity & Fixed Income)
Key Trends
- S&P GCC composite index was up by 5.8% for July, as GCC markets recovered in line with the global markets
- Kuwait’s All Share Index marked a sharp recovery in July after last month’s loss, rising by 4.2%.
- Central Bank of Kuwait has raised its discount rate by 25 bps to 2.5% in the month of July. The move came on the back of another U.S Fed’s 75 bps rate increase
- Oil prices declined by 4.2% for July 2022, although clocking a year-to-date increase of 41.4%. The oil prices were under pressure in the month of July with lower US gasoline demand
Table of Content
- GCC Asset Class Monthly Performance
- Global Asset Class Monthly Performance
- Equities - Kuwait
- Equities - GCC & Emerging Markets
- Equities - Developed Markets
- Fixed Income - GCC & Developed Markets
- Oil Market
- Cryptocurrencies
