Executive Summary
A monthly publication that covers the performance of GCC and global Capital markets (Equity & Fixed Income)
Key Trends
- GCC equity markets were mildly positive in August ’24 in anticipation of Fed rate cuts and positive banks outlook.
- Kuwait All Share Index (PR) declined by 0.8% in August weighed down by geopolitical risks.
- Global markets were positive in August, with the MSCI World and S&P 500 indices gaining by 2.5% and 2.3%, respectively.
- Oil prices were down by 2.4% for the month underpinned by the slowdown in U.S. industrial output and rising unemployment in China.
Table of Content
- Asset Class Monthly Performance
- Equities - Kuwait
- Equities - GCC Markets
- Equities - Developed & Emerging Markets
- Fixed Income - GCC & Developed Markets
- Oil Market
- Cryptocurrencies
