A monthly publication that covers the performance of GCC and global Capital markets (Equity & Fixed Income)
Key Trends
GCC equity markets ended the month in Red, with S&P GCC composite index declining by 1.2% for the month.
Kuwait equity market index mildly gained 0.3% for the month due to positive earnings results, despite geopolitical uncertainties adding downward pressure.
Global and U.S. markets declined for the month, with MSCI World and S&P 500 index up by 2.0% and 1.0% respectively.
Oil prices rose 1.9% during the month due to concerns over geopolitical conflicts and delay in production increase.