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GCC Equity Markets October 2017 Review by Kuwait Finance and Investment Company (KFIC)

According to the Equity Markets October 2017 Review by Kuwait Finance and Investment Company (KFIC), GCC equities, as measured by the MSCI GCC IMI Index declined by -2.7% MTD. UAE鈥檚 DFM Index was the top performing regional index, followed by Abu Dhabi鈥檚 ADSM Index. Kuwait鈥檚 Weighted Index fell by -2.5% with negative performance coming from Consumer goods -9.2%, Telecom -7.9% and positive gains came from Oil & Gas +1.4%.

GCC Equity Markets June 2017 Review by Kuwait Finance and Investment Company (KFIC)

According to the Equity Markets June 2017 Review by Kuwait Finance and Investment Company (KFIC), MSCI decided to include Saudi Arabia on its watch-list for potential addition to Emerging Market Index as The Kingdom showed significant willingness to improve stock market regulations and easing conditions for foreign investors. In the UAE, The Emirates NBD UAE Purchasing Managers鈥� Index (PMI), a key indicator of the health of the UAE鈥檚 non-oil private sector, fell to 54.3.

GCC Equity Markets May 2017 Review by Kuwait Finance and Investment Company (KFIC)

According to the Equity Markets May 2017 Review by Kuwait Finance and Investment Company (KFIC), Saudi Arabia signed billions of dollars of deals with US companies during President Donald Trump鈥檚 visit to Riyadh. Estimates of the total deal value vary from USD300bn to USD400bn. Kuwait鈥檚 Deputy Prime Minister and Finance Minister Anas Al-Saleh has affirmed the importance of economic reforms made in Arab oil-exporting countries against the sharp drop in global oil prices.

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