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 gained 0.7% for the month, as GCC markets outperform global markets despite a sharp fall in the oil prices.
- Kuwait index fell by 0.1% in August. Technology sector declined the most for August, falling by 14.8%.
- Developed market equities were negative in August, with MSCI World losing 4.3% on account of interest rate hikes by Fed.
- Oil prices were down by 12.3% for August 2022, due to fall in global demand and potential Iran nuclear deal while natural gas gained 10.9% due to supply restrictions from Russia.
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
