Research Reports

Global & GCC Capital Markets Review: November 2023

December 06 , 2023

Download Free PDF Report

Executive Summary

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

Key Trends

  • GCC markets increased in November, with the S&P GCC Composite index gaining 5.0%, which can be attributed to the fall in geopolitical tensions in the Middle East.
  • Kuwait index increased by only 1.9% in November. The relatively poorer performance when compared to the GCC markets was owing to the fall in oil prices and the IMF expectations of a declining GDP in 2023.
  • Developed market equities increased in November, with MSCI World and S&P 500 indices gaining 9.2% and 8.9% respectively.
  • Oil prices fell by 5.2% for November, with the easing geopolitical tensions in the Middle East, increasing supply from non-OPEC countries, and concerns over global demand. The fall was despite the continuing OPEC+ production cuts.

Table of Content

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

Related Reports