Executive Summary
A monthly publication that covers the performance of GCC and global Capital markets (Equity & Fixed Income)
Key Trends:
- GCC equity markets gained in the month, with the S&P GCC Composite Index increasing by 1.5%.
- Kuwait’s All Share Index gained 2.7%, with Energy sector index increasing 11.0% during the month.
- Global markets were positive in October, propelled by rate cuts by the U.S Fed. The MSCI World and S&P 500 indices rose by 1.9% and 2.3% for the month, respectively.
- Oil prices fell by 2.9% during the month amid elevated concerns of oversupply. These concerns were slightly offset by US sanctions on Russian oil companies Lukoi and Rosneft.
Table of Content
- Asset Class Monthly Performance
- Equities - Kuwait
- Equities - GCC Markets
- Equities - Developed & Emerging Markets
- Fixed Income - GCC & Developed Markets
- Oil Market
