A monthly publication that covers the performance of GCC and global Capital markets (Equity & Fixed Income)
Key Trends:
GCC equity markets declined during the month, with the S&P GCC Composite Index falling by 7.4%.
Kuwait’s All Share Index shed 1.9%, with Technology sector index decreasing 19.0% during the month.
Global markets were largely flat in November due to persistent concerns over high tech-stock valuations. The MSCI World and S&P 500 indices rose by 0.2% and 0.1% for the month, respectively.
Oil prices fell by 2.9% during the month amid oversupply concerns. These concerns were bolstered by US' push for a peace proposal between Russia and Ukraine.