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January 19, 2022

Kuwait markets ended the year positively, with the recovery in oil prices supporting gains. Kuwait All Share index gained 27.0% in 2021, following a rise of 3.7% in December. Market Performance & Key Metrics Source: Refinitiv Among sectors, Boursa Kuwait’s...

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December 22, 2021

Global equity markets witnessed a decline in the month of November, as investors took the flight to safety and resorted to safe haven assets, due to uncertainty stirred in the market by the new covid variant – Omicron. In times...

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December 20, 2021

Most cryptocurrencies declined in November on the back of concerns over the new COVID-19 variant, tax-reporting requirement in the U.S infrastructure bill and China’s increasing clampdown on cryptocurrencies. Performance and Key Metrics Source: Refinitiv U.S’ USD 1 trillion infrastructure bill...

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December 15, 2021

GCC markets were also down, as evidenced by the S&P GCC composite index, which fell 5.0% for November. Weakness in Oil prices derailed the rally of GCC markets barring the UAE, with the Abu Dhabi (8.7%) and Dubai (7.3%) indices...

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December 13, 2021

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. A slew of economic data from CPI numbers to employment figures which released over the month...

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December 9, 2021

Kuwait, in line with the broader GCC market, ended the month in red, fuelled by sharp fall in oil prices. The growing fears over a new COVID-19 variant also led to profit taking at the end of the month. Market...

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December 7, 2021

Saudi Arabia and Bahrain saw outlook upgrades in November. Moody’s has revised Saudi Arabia’s outlook from negative to stable on expectation that country would reverse most of its 2020 debt increase while maintaining fiscal buffers. S&P has revised Bahrain's outlook...

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December 6, 2021

Oil prices declined steeply in November, marking its largest monthly decline since March 2020. The fall follows the multi-year high prices posted by the commodity in October. Concerns over lower demand on account of new COVID-19 variant, Omicron, and expectation...

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November 30, 2021

The GCC Equity markets like the rest of the major world markets have been having a stellar run in 2021. Until November 21st the S & P GCC Composite Index has generated Year-to-Date (YTD) return of 35.6%, which has not...

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November 17, 2021

October marked a record-breaking month for cryptocurrencies with Bitcoin touching its all-time high in October. With bitcoin price soaring, the market cap for bitcoin also breached the 1 trillion threshold. The second largest cryptocurrency – Ethereum, also touched its all-time...

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