November 06, 2016
Weekly Wrap
1. GCC markets were positive as evidenced by S&P GCC Index which closed 0.07% higher WTD.
2. MSCI EM and MSCI BRIC index decreased by 2.59%.....
Summary
1. GCC markets were positive as evidenced by S&P GCC Index which closed 0.07% higher WTD.
2. MSCI EM and MSCI BRIC index decreased by 2.59% and 2.76%, respectively for the week.
3. MSCI World index and U.S (S&P 500) index lost 1.82% and 1.94%, respectively for the week.
4. IPE Brent shed 8.31% for the week closing at 45.58 $/bbl.