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 Markets ended September on a positive note, triggered by the rise in oil prices. S&P GCC composite index gained 1.5% for the month.
- Kuwait's equity market registered gains for the sixth consecutive month in September. Kuwait All Share index rose 1.1% for the month.
- Global equities were negative for the month following mixed economic signals and concerns over U.S. Fed tapering. MSCI World and U.S. S&P 500 indices were down 4.3% and 4.8% respectively in September.
- Many parts of Europe and Asia are heading into an energy crunch with Coal, Oil and Natural Gas prices touching record highs. Brent crude rose by 7.6% while Natural Gas surged 34.0% in September.
Table of Content
- GCC Asset Class Monthly Performance
- Global Asset Class Monthly Performance
- What moved the markets?
- Equities -Kuwait
- Equities -GCC Markets
- Equities -Developed Markets
- Equities -Emerging Markets
- Fixed Income -GCC Markets
- Fixed Income -Developed Markets
- Oil & Gas
- Cryptocurrencies
