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