Research Reports

GCC Capital Markets Monthly Review: October 2020

November 04 , 2020

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Executive Summary

A monthly publication that covers the performance of GCC and global stock markets, provides economic commentary and captures the happenings in GCC

Key Trends

Most GCC markets post losses, with the S&P GCC Composite Index losing in 2.8% in October. IMF estimates Kuwait's GDP to contract by 8.1% in 2020. Oil shed 8.5% in October amid increase in supply and renewed lockdown restrictions in Europe.


Table of Content

  • Market Commentary, October 2020
  • IMF forecasts steeper fall in GCC countries' GDP
  • Steep cut in project spending could depress Kuwait's oil output
  • NCB-Samba Merger: A Saudi Mega Bank in the making
  • GCC Equity Market performance, October 2020
  • GCC Equity Market valuation
  • GCC Sectoral performance, October 2020
  • Global Equity Market performance, October 2020
  • Monthly Returns and Value of USD 1 Invested

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