Our News

Our News

Markaz Research
Markaz: Saudi Arabia leads GCC equities; oil registers strong gains
Published: 03 - Mar - 2021 Read More
Markaz Research
Markaz reduces net loss to KD 1.72 million for 2020, after achieving net profit of KD 4.3 million for Q4 ending December 2020
Published: 11 - Feb - 2021 Read More
Markaz Research
Markaz: Issuances by GCC sovereign entities soar 25% amid growing budget deficits ensuing from Covid-19 and lower oil prices
Published: 03 - Feb - 2021 Read More
View All News

Our News

Markaz News Markaz News
Markaz Research

Markaz: Saudi Arabia leads GCC equities; oil registers strong gains

03 - Mar - 2021

Kuwait Financial Centre’s “Markaz” Monthly Markets Review report noted that the GCC equity market’s performance was positive for February 2021 as the S&P GCC Composite index continued its upward trend, ending the month 3.0% higher. However,  Kuwait's equity market was negative for the month. Fitch Ratings has revised Kuwait’s outlook to negative citing near-term liquidity risk due to the possible depletion of General Reserve Fund owing to a delay in the passage of public debt law. Meanwhile, the government has submitted a draft law to the parliament for permission to draw KD 5 billion (USD 16.5 billion) per annum from Kuwait’s sovereign wealth fund to finance deficit. All Share index declined by 2.3% while its index PE ratio stood at 21.8, a premium of 48% compared to the S&P GCC index. Market liquidity in February as indicated by the average daily traded value stood at USD 145 million. ...

read full
Markaz Research

Markaz reduces net loss to KD 1.72 million for 2020, after achieving net profit of KD 4.3 million for Q4 ending December 2020

11 - Feb - 2021

Kuwait Financial Centre “Markaz” (KSE: Markaz, Reuters: MARKZ.KW, Bloomberg: MARKAZ:KK) reported its financial performance with a net profit of KD 4.3 million for the quarter ending December 31, 2020, reducing the net loss attributable to shareholders for the year 2020 to KD (1.72) million, as compared to a net profit of KD 6.96 million for 2019. The Earnings per Share (EPS) was accordingly negative 4 fils for the year 2020 as compared to 15 fils for 2019....

read full
Markaz Research

Markaz: Issuances by GCC sovereign entities soar 25% amid growing budget deficits ensuing from Covid-19 and lower oil prices

03 - Feb - 2021

Kuwait Financial Centre “Markaz”, in its recent research report titled “GCC Bonds and Sukuk Market Survey 2020,” highlighted the trends pertaining to Bonds and Sukuk primary issuances in the GCC region during the past year. The report showed that despite the double blow of the outbreak of Covid-19 and the subsequent decline in oil prices, primary debt issuances set a new record for the total value of issuances raised in one year. ...

read full
Markaz Research

Markaz: GCC Equities start 2021 with strong performance driven by rising investors’ hopes of economic recovery

02 - Feb - 2021

Kuwait Financial Centre “Markaz” stated in its Monthly Markets Review report for the month of January 2021 that GCC equity market started the year on an optimistic note. Oil prices increased by 7.9% for the month. Investors cheered the rapid rollout of vaccines in UAE that would enable it to attain herd immunity swiftly. Furthermore, additional stimulus measures unveiled by Dubai Emirate to reverse the economic impact of COVID-19 pandemic rose investor hopes of quick recovery in economic activity. ...

read full
Markaz Research

Markaz publishes “House Views 2021: Opportunities and Outlook” report

25 - Jan - 2021

Kuwait Financial Centre “Markaz” hosted on the 18th of January its webinar titled ‘Markaz House Views 2021: Opportunities and Outlook’, which aimed to help investors capitalize on new and emerging opportunities in 2021 amid the COVID-19 disruption. Following the webinar, Markaz published a report presenting its house views on emerging investment opportunities in 2021 regarding the various asset classes that Markaz manages. ...

read full
Displaying results 1 - 5 (of 637)

 



Media Contacts

For further information, please contact:

Media & Communications
T: +965 2224 8000
E: [email protected]

Events Calendar


<March 2021>
SunMonTueWedThuFriSat
28
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
1
2
3
4
5
6
7
8
9
10