A monthly publication that covers the performance of GCC and global Capital markets (Equity & Fixed Income)
Key Trends
GCC markets were down in October, with the S&P GCC Composite index falling by 4.8% which can be attributed to the rising geopolitical tensions in the Middle East.
Kuwait index fell by 5.2% in September. The fall was broad-based, with all sectors ending the month in negative territory except Technology and Insurance.
Developed market equities declined in October, with MSCI World and S&P 500 indices losing 3.0% and 2.2% respectively
Oil prices fell by 8.3% for the month despite geopolitical tensions in the Middle East owing to the partial lifting of the export ban on Russia coupled with concerns over global oil demand.