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Global and regional equities move up in May

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Executive Summary

GCC markets moved up during May, gaining 1.3% the month after a sharp rebound in April. Oil markets continued their recovery, clawing back some of their losses for the year.

We see the following issues as key developments during the month of May:

- Kuwait Sector Indices: Comparison of declines due to COVID-19 and 2014-16 Oil Price Crash
- Fund houses revise their long-term capital market expectations - What has changed?
- Impact of Oil Price Volatility on GCC economies, markets and businesses
- Implications of COVID-19 on GCC Asset Classes
- Will COVID-19 reduce the appetite for renewable energy projects in the GCC?

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