Executive SummaryGCC markets ended the month in negative territory weighed down by losses in Saudi Arabian markets. Other GCC markets posted mild gains. Gloom over the outbreak of coronavirus in China, its subsequent impact on global growth and geopolitical tensions in early January have contributed to weak investor sentiments.
We see the following issues as key developments during the month of January:
- Neutral Outlook for GCC Markets in 2020
- GCC country-wise Performance Analysis 2019
- GCC Capital Market Reforms in 2019
- Kuwait releases budget 2020/21 with record fiscal deficit