Research Reports

Global & GCC Capital Markets Review: March 2021

April 07 , 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 the happenings in GCC.

Key Trends

  • GCC equity markets continued to make gains with the S&P GCC Composite Index ending the month 6.6% higher. Announcement of reforms in Saudi Arabia and Abu Dhabi cheered the markets.
  • Oil prices continued their northward march and increased by 7.9% for the month. Investors cheered the rapid rollout of vaccines in UAE that would enable it to attain herd immunity swiftly.
  • U.S. market (S&P 500) rose 4.2% during the month due to successful passage of the USD 1.9trillion stimulus bill.
  • Oil prices fell 5.1% for the month due to increase in coronavirus cases in Europe that led to fresh lockdowns.


Table of Content

  • Market Commentary, March 2021
  • Oil prices reach $70 levels after OPEC+ extends production cuts, could reduce GCC financing needs
  • Saudi Arabia approves new law to boost privatization in 16 sectors
  • Kuwait corporate profits have fallen by half since 2005 even as the economy grew during the same period
  • GCC Equity Market performance, March 2021
  • GCC Sectoral performance, March 2021
  • GCC Equity Market valuation
  • Global Equity Market performance, March 2021
  • Monthly Returns and Value of USD 1 Invested

FAQ

Who prepared this report?
Experienced and qualified team of Marmore Mena Intelligence has prepared this report. Since its inception, Marmore has published over 1000 research reports and covered more than 25 varied industries and policy segments; all focused primarily on the GCC economies.

Do you have updates?
Yes! A monthly publication that covers the performance of GCC and global stock markets, provides economic commentary and captures the happenings in GCC.

Can I only download certain sections of the report?
No. The report can be downloaded in full length only

Can we ask questions?
Yes, by all means. You can write your queries to us at enquiry@e-marmore.com

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