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 lost 3.1% for the month, mainly due to short-term volatility.
- Kuwait index fell by 4.8% in May. Telecom and Banking sectors declined the most for May, falling by 6.7% and 6.0% respectively.
- Developed market equities were negative in May, with MSCI World losing 1.2% due to concerns surrounding the U.S. debt ceiling.
- Oil prices were down by 8.6% in May, due to uncertainty surrounding the supply outlook ahead of the OPEC+ meeting.
Table of Content
- Asset Class Monthly Performance
- Equities - Kuwait
- Equities - GCC Markets
- Equities - Developed & Emerging Markets
- Fixed Income - GCC & Developed Markets
- Oil Market
- Cryptocurrencies
