Executive Summary
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 equity markets as represented by S&P GCC Composite index had another month of gains with the index rising by 1.6%.
- Oil prices continue to remain range bound as investors weighed OPEC+ production cuts with the possibility of increased supplies from Iran and the US driving season driving up demand.
- U.S. market (S&P 500) gained 0.5% for the month as a record budget proposal and accommodative stance by the Fed outweighed concerns on inflation.
Table of Content
- Market Commentary, May 2021
- Oil Price Move is yet to lift Saudi Aramco's Share Price
- UAE's 100% foreign ownership law: a watershed moment?
- Banking stocks have driven GCC stock markets forward this year
- GCC Equity Market performance, May 2021
- GCC Sectoral performance, May 2021
- GCC Equity Market valuation
- Global Equity Market performance, May 2021
- Monthly Returns and Value of USD 1 Invested
