A monthly publication that covers the performance of GCC and global Capital markets (Equity & Fixed Income)
Key Trends:
GCC equity markets declined in the month, with the S&P GCC Composite Index falling by 1.1%.
Kuwait’s All Share Index posted slight loss of 0.3% in March, with the technology stocks losing 33.3% during the month.
Global markets were negative in March due to concerns over trade tariffs, with the MSCI World and S&P 500 indices declining by 4.6% and 5.8% respectively.
Oil prices were up 2.1% for the month driven by the U.S’s energy sanctions on countries that purchase oil and gas from Venezuela.
The equity market landscape in Kuwait remains volatile as it experiences fluctuations similar to other regional markets.