Weekly Wrap

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1. GCC markets were positive as evidenced by S&P GCC Index which closed 2.8% higher WTD.  2. MSCI EM and MSCI BRIC index decreased by 0.32% .....

Summary

1. GCC markets were positive as evidenced by S&P GCC Index which closed 2.8% higher WTD. 
2. MSCI EM and MSCI BRIC index decreased by 0.32% and 0.75%, respectively for the week. 
3. MSCI World index and U.S (S&P 500) index lost 0.69% and 0.97%, respectively for the week. 
​4. IPE Brent surged 15.3% for the week closing at 54.46 $/bbl, buoyed by the OPEC deal.

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Weekly Wrap

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