Weekly Wrap

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1. GCC markets were positive as evidenced by S&P GCC Index which closed 0.90% higher WTD.  2. MSCI EM and MSCI BRIC index decreased by 0.54%.....

Summary

1. GCC markets were positive as evidenced by S&P GCC Index which closed 0.90% higher WTD. 
2. MSCI EM and MSCI BRIC index decreased by 0.54% and 0.34%, respectively for the week. 
3. MSCI World index and U.S (S&P 500) index gained 0.04% and 0.81%, respectively for the week. 
4. IPE Brent surged 4.72% for the week closing at 46.86 $/bbl.

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Weekly Wrap

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