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 equities fall on profit taking due to fears over new COVID-19 variant. S&P GCC composite index fell by 5.0% for November.
Global markets witnessed broad-based sell-off and while some markets like the US recovered to some extent, others like Japan and Germany were hit hard.
In times of high uncertainty and volatility, ESG indices displayed low beta relative to their comparative conventional indices. Major ESG indices outperformed their conventional indices in November.