A monthly publication that covers the performance of GCC and global Capital markets (Equity & Fixed Income)
Key Trends:
GCC Equity markets were mostly positive during the year with Dubai ending on a very positive note with S&P GCC composite index up 2.0% in 2024.
Kuwait’s All Share Index posted a yearly gain of 8.0%, with technology and consumer staples gaining the most for the year, rising 79.9% and 51.6%, respectively.
Global markets ended the year on a very positive note, with easing inflation leading to interest rate cuts by central banks across the world. The MSCI World and S&P 500 indices rose 17.0% and 23.3% respectively during the year
Oil prices settled at USD 74.6 per barrel, recording a decline of 3.1% in 2024.