Research Reports

Global & GCC Capital Markets Review: August 2021

September 02 , 2021

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Executive Summary

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

Key Trends

  • Global markets' bull run continues. Abu Dhabi leads GCC markets. S&P GCC composite index ended the month 3.6% higher.
  • Kuwait gains for the sixth consecutive month as positive earnings growth strengthen business optimism. Kuwait All Share index rose 3.1% for the month and 22.4% for the year.
  • Performance of global equity markets was positive, with the MSCI World Index closing 2.3% higher in August, U.S. market (S&P 500) with a gain of 2.9%.
  • Oil prices closed at USD 73.0 per barrel at the end of August, declining by 4.4% for the month weighed down by concerns on the spread of COVID-19 Delta variant before bouncing back due to hurricane Ida.

Table of Content

  • Market Commentary, August 2021
  • Oil revenues & private sector growth to speed up GCC economic recovery in 2022
  • Could Delta variant play spoilsport for Oil prices?
  • Earnings Snapshot of Kuwait Banks
  • GCC Equity Market performance, August 2021
  • GCC Sectoral performance, August 2021
  • GCC Equity Market valuation
  • Global Equity Market performance, August 2021
  • Monthly Returns and Value of USD 1 Invested


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