• May 11, 2022

    GCC markets trend upward on positive economic outlook and corporate earnings

    Kuwait’s All Share Index gained 2.6% in the month of April supported by improved economic outlook and positive earnings reports. Oil prices were up by 1.3% for the month. Among sectors, Boursa Kuwait’s Telecom sector was the top gainer, rising 11.9% followed by Industrials which increased by 10.2%. Insurance sector declined the most for the month at 4.9%, followed by Energy, which declined by 3.8%. Among Premier Market stocks, Gulf Cable and Electrical Industries Company and Jazeera Airways were the...

  • February 22, 2022

    Excel Model to assess interest rate impact on Kuwait banks

    Feel free to download our Interest Rate Sensitivity Model here and assess the impact for your assumptions. USA’s consumer price index rose 7.5% y-o-y in January 2022 which is the highest 12 month increase since 1982. The financial markets speculate for a hefty 50 basis points interest rate hike from the Federal Reserve next month, which would be first since 2018. There are fears that the US central bank will be more aggressive in its rate hikes. According to Goldman...

  • February 16, 2022

    Excel Model to assess interest rate impact on Saudi Banks

    U.S. consumer prices rose solidly in January 2022 (7.5%, YoY), leading to the biggest annual increase in inflation in 40 years, fueling financial markets speculation for a hefty 50 basis points interest rate hike from the Federal Reserve next month, which would be first since 2018. There are concerns that the US central bank would be more aggressive in its intensity of rate hikes and Goldman Sachs expects the Federal Reserve would be raising interest rates seven times this year...