Executive Summary
A monthly publication that covers the performance of GCC and global Capital markets (Equity & Fixed Income)
Key Trends
- GCC markets were positive, gaining 3.1% in June, with all equity indices except Qatar and Bahrain ending the month on a positive note.
- Kuwait markets were up 3.4% in June, with the consumer staples sector gaining the most by 22.3%.
- Developed market equities were positive for the month, led by the suspension of the US federal debt limit and the pause in the Fed's interest rate hike.
- Oil prices were up by 3.1% for the month due to a higher-than-expected decline in U.S. crude storage, indicating an increase in U.S. demand.
Table of Content
- Asset Class Monthly Performance
- Equities - Kuwait
- Equities - GCC Markets
- Equities - Developed & Emerging Markets
- Fixed Income - GCC & Developed Markets
- Oil Market
- Cryptocurrencies
