Executive Summary
A monthly publication that covers the performance of GCC and global Capital markets (Equity & Fixed Income)
Key Trends
- GCC markets were mixed in 2023, with the S&P GCC Composite index gaining 6.2%, supported by gains in markets such as Dubai and Saudi Arabia.
- Kuwait index declined by 3.1% in 2023 weighed by decline in oil GDP and challenging operating environment for banks.
- Developed market equities increased in 2023, with MSCI World and S&P 500 indices gaining 21.8% and 24.2% respectively.
- Oil prices fell by 10.3% for 2023, weighed by increased production from non-OPEC+ members and weak demand from 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
