Research Reports

Global & GCC Capital Markets Review: May 2023

June 07 , 2023

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Executive Summary

A monthly publication that covers the performance of GCC and global Capital markets (Equity & Fixed Income)

Key Trends

  • S&P GCC composite index lost 3.1% for the month, mainly due to short-term volatility.
  • Kuwait index fell by 4.8% in May. Telecom and Banking sectors declined the most for May, falling by 6.7% and 6.0% respectively.
  • Developed market equities were negative in May, with MSCI World losing 1.2% due to concerns surrounding the U.S. debt ceiling.
  • Oil prices were down by 8.6% in May, due to uncertainty surrounding the supply outlook ahead of the OPEC+ meeting.

Table of Content

  • Asset Class Monthly Performance
  • Equities - Kuwait
  • Equities - GCC Markets
  • Equities - Developed & Emerging Markets
  • Fixed Income -  GCC & Developed Markets
  • Oil Market
  • Cryptocurrencies

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