Home NewsKuwait Kuwait Markets remain resilient amidst a broad-based fall in GCC equities – ARAB TIMES – KUWAIT NEWS

Kuwait Markets remain resilient amidst a broad-based fall in GCC equities – ARAB TIMES – KUWAIT NEWS

by admin
22 views


This news has been read 566 times!

Kuwait City, June 3: Kuwait Financial Centre “Markaz” released its Monthly Market Review report for May 2024. Kuwait’s equity index remained flat for the month with a positive bias, supported by the optimism over implementation of business reforms and the Sovereign credit rating affirmation by Moody’s. GCC markets were mostly negative, weighed down by weak oil prices and uncertainty over Fed rate cuts. The moderation of U.S inflation and strong earnings season boosted the U.S. equity…



Source link

You may also like

About Us

GCC Weekly™ curates,  aggregates and disseminate socio-economic, technology and political news about the Gulf Corporation Council (GCC) member countries. Six Middle East countries that make GCC are Bahrain, Oman, Kuwait, Saudi Arabi, Qatar and United Arab Emirates.

 

GCC Weekly™, in collaboration with Arab Newswire, publishes and distributes press releases to media in the GCC countries. For more information on press release distribution, complete the form on the right or contact us by using any of the social media handles shown below.

 

WhatsApp: +1 832-716-2363
Skype: groupwebmedia
Telegram: @groupwebmedia

Contact Us

Recent News

GCC Weekly™ is part of GroupWeb Media Network. © 2024 GroupWeb Media LLC