global markets

Global markets down on resurgent pandemic fears

Global markets witnessed broad-based sell-off and while some markets like the US recovered to some extent, others like Japan and Germany were hit hard. A slew of economic data from CPI numbers to employment figures which released over the month was overshadowed by the recent resurgent pandemic fears. Market Performance & Key Metrics Source: Refinitiv The S&P 500 ended the month with a slight fall of 0.8%. In a market that is already concerned about the spread of the new...

A recap of Global Markets in 2020

Global stocks staged a quick recovery from the March lows The year began with global stock markets reaching new highs in February. However, global markets saw massive falls in March as the COVID-19 outbreak became a global pandemic. At its lowest point in March, the S&P 500 saw a drawdown of 34% from the record highs seen just a month earlier in February. However, the index recovered the losses and reached new highs by October in a mere time span...

Gulf Business: The Top 100 Companies in the GCC

GCC markets saw a strong rally in the first half of 2014, with almost all major GCC indices ending in green. The S&P GCC index was up by 8.2% in 1H14, compared to the preceding full-year performance of 25%. Expansive fiscal and accommodative monetary policies, along with sustained oil prices at over USD 100, carried the momentum forward from 2013. The highlights for the first half of this year are the upgrade to emerging status accorded to U.A.E and Qatar...