Weekly Wrap

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GCC markets were positive as evidenced by S&P GCC Index which closed 1.37% higher WTD. MSCI EM index and MSCI BRIC index increased by 0.34% a.....

Summary

  1. GCC markets were positive as evidenced by S&P GCC Index which closed 1.37% higher WTD.
  2. MSCI EM index and MSCI BRIC index increased by 0.34% and 0.61% respectively, for the week.
  3. U.S (S&P 500) and MSCI World indices lost 0.30% & 0.44%, respectively for the week.
  4. IPE Brent surged 3.19% for the week, closing at 55.24 $/bbl.

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Weekly Wrap

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