In the fourth quarter the Iraqi market, as measured by the Rabee Index, decreased by 5% which was in sharp contrast to the broad-based global rally. We were not too happy witnessing the disparity, but ones again it proves that the ISX remains one of the few...
Not many would have predicted that the MENA markets would finish the year largely flat, knowing that the price of oil would stay below USD 40 a barrel for most of the year. Markets were supported by the currency pegs with the USD which have reduced funding rates and...
Indian equities had a strong forth quarter with gains of 20%+ on the back of ‘feeling better’ from receeding covid numbers at about 20,000 per day at the last days of December vs 100,000 in September. India went out extremely hard when covid first hit, perhaps the...
After a nine month dreadful equity streak for 2020, Russian equities came alive in the fourth quarter and the market posted a gain of 20% to help reduce the year’s loss to a low teen number. Retail investors in Russia have opened a wave of new equity trading accounts...
Russia: After a nine month dreadful equity streak for 2020, Russian equities came alive in the fourth quarter and the market posted a gain of 20% to help reduce the year’s loss to a low teen number. Retail investors in Russia have opened a wave of new equity trading...