A monthly publication that covers the performance of GCC and global stock markets; provides economic commentary and captures key happenings in GCC.
Key Trends
GCC stock markets continue their good run in June. S&P GCC composite index ended the month 3.1% higher. For the first half of 2021, the index has gained 22.4%.
Kuwait Stock markets rally, increasing 15.2% for the year. Agility Public Warehousing was the top gainer in H1 2021 with 50% gain.
U.S. market (S&P 500) gained 2.2% for the month and reached new record highs due to good economic data, increased vaccination rates and Fed assurances
Oil reached its highest level since 2018 on sustained demand and continuing production cuts from OPEC and its allies.
Table of Content
Market Commentary, June 2021
Economic recovery post COVID-19: How they stack up for GCC economies
Review of H1 2021 performance of GCC stock markets
MSCI Emerging Markets Index -How is the GCC placed?
MSCI Emerging Markets Index -Top 5 GCC stocks by country