GCC - Equity Market Quarterly Fact Book

Most GCC equity markets recorded gains in Q3 2022, with the Oman market outpacing other GCC markets, while Qatar, UAE, and Bahrain benchmarks also ending in the green. KSA and Kuwait were notable losers, while the MSCI GCC index, which represents the performance of indices across the region, ended in the red primarily driven by receding oil prices on fears of global recession.