Executive Summary
A monthly publication that covers the performance of GCC and global Capital markets (Equity & Fixed Income)
Key Trends
- S&P GCC index gained 4.9% in April, with all equity indices except Qatar and Oman ending the month in a positive note.
- Kuwait markets were up 1.3% in April, with the insurance sector gaining the most by 10.7%.
- Developed market equities were mildly positive for the month, despite companies registering poor earnings performance for Q1 2023.
- Oil prices were down by 0.3% for the month, due to uncertainty on further interest rate hikes despite the production cuts announced by OPEC+ earlier in the month of April.
Table of Content
- Asset Class Monthly Performance
- Equities - Kuwait
- Equities - GCC Markets
- Equities - Developed & Emerging Markets
- Fixed Income - GCC & Developed Markets
- Oil Market
- Cryptocurrencies
