Regional indices end the month of November on a mixed note
Source: Matrix PR for Al Masah Capital , Author: Posted by BI-ME staff
Posted: Mon December 4, 2017 1:24 pm

UAE. Oman came through as the best performer in the regional indices with gains of +2.0% over the month, followed by Egypt advancing by +1.7%, while Saudi Arabia and Bahrain gained +1.0% and +0.6%, respectively.

Dubai led the losing team with losses of -5.9%, followed by Kuwait, and Abu Dhabi indices each losing -4.9%, and -4.4%, respectively.

Crude oil is still maintaining its position above the USD60 per barrel mark, ending November up +3.1% over the last month. The active regional IPO pipeline, coupled with high oil prices and any positive news in the geopolitical scene will act as a catalyst to the subdued activity that the markets are witnessing recently.

Indexes 

Last 

WTD (%) 

MTD (%) 

YTD (%) 

Dubai (DFMGI) 

3,420.17 

-1.18% 

-5.93% 

-3.14% 

Abu Dhabi (ADSMI) 

4,283.07 

-0.09% 

-4.39% 

-5.79% 

Saudi (SASEIDX) 

7,003.97 

1.83% 

1.00% 

-2.86% 

Kuwait (KWSE) 

6,196.50 

-0.69% 

-4.87% 

7.80% 

Egypt (EGX30) 

14,582.22 

3.37% 

1.67% 

18.12% 

Bahrain (BHSEIDX) 

1,283.71 

0.56% 

0.55% 

5.18% 

Oman (MSM30) 

5,109.62 

0.46% 

1.97% 

-11.64% 

TR GCC (Reuters) 

183.45 

-0.24% 

-5.15% 

-9.45% 

DJ MENA 

526.67 

0.00% 

0.26% 

5.77% 

Commodities & FX 

Last 

WTD (%) 

MTD (%) 

YTD (%) 

Oil (Brent) 

60.49 

3.51% 

5.13% 

62.26% 

Natural Gas 

2.89 

-0.89% 

-3.79% 

23.79% 

Gold 

1274.01 

-0.23% 

-0.40% 

20.09% 

Silver 

17.12 

1.24% 

3.10% 

23.79% 

EURUSD 

1.19 

-0.34% 

0.65% 

9.48% 

GBPUSD 

1.35 

1.01% 

0.55% 

-8.60% 

USDJPY 

112.10 

0.51% 

-0.33% 

-6.82% 

USDCHF 

0.98 

-0.34% 

0.86% 

-2.55% 

AUDUSD 

0.76 

-0.04% 

-2.86% 

4.59% 

USDCAD 

1.27 

-0.25% 

1.72% 

-8.37% 

About Al Masah Capital
Al Masah Capital is one of the fastest growing alternative asset management and advisory firms focused on the MENA and SEA regions. Established in 2010 Al Masah Capital provides tailored solutions to a broad investor base, offering private equity advisory (across Healthcare, Education, Food & Beverages, Logistics and other consumer driven sectors), asset management, corporate and real estate advisory as well as public market research services.
With operations in Dubai, Abu Dhabi and Singapore, Al Masah advises qualifying investors on growth opportunities in 13 focus markets in MENA and South East Asia.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: November 13, 2018
UAE. Secrets management refers to the tools and methods for managing digital authentication credentials (secrets), including passwords, keys, APIs, and tokens.
date:Posted: November 13, 2018
UAE. In this Mimecast-sponsored report, insights from global IT leaders have been sewn together to offer first-hand prescriptive advice and tactics for navigating the challenges of threat intelligence.
date:Posted: November 12, 2018
HONG KONG & SINGAPORE. Family businesses should better harness generational diversity, overcome entrenchment and engage external sources of talent and capital to sustain growth between generations.
dhgate