Executive Summary
A monthly publication that covers the performance of GCC and global Capital markets (Equity & Fixed Income)
Key Trends
- GCC markets were mixed, gaining 4.3% in February, with Saudi Arabia and Qatar outperforming their peers.
- Kuwait markets were up 2.4% in February, driven by strong earnings announcements.
- Developed market equities were positive for the month, despite sticky inflation and indications from the U.S. Fed that an interest rate cut in March is unlikely.
- Oil prices were up by 2.3% for the month, supported by the rise in European diesel demand, tighter oil supply due to ongoing geopolitical conflicts in the Middle East, and the OPEC+ decision to keep the production levels unchanged.
Table of Content
- Asset Class Monthly Performance
- Equities - Kuwait
- Equities - GCC Markets
- Equities - Developed & Emerging Markets
- Fixed Income - GCC & Developed Markets
- Oil Market
- Cryptocurrencies
