1. Performance of the GCC Stock Market in the past 10 years
Financial Institutions
Laila AlOmran
Hind AlEssa
Bodour AlShaikh

2. Outline Introduction Trends for the last ten years
The Oil Price factor and other drivers of Fluctuation
Conclusion

3. Introduction Main Point
Understanding performance of GCC stock market for the last ten years can help potential investors understand activities and trends of stock markets and make sense of possible activities in the future
Until 2005, GCC stock market experienced extraordinary growth in its stock markets and economies
GCC states have poor historical records of their stock markets performances

4. Trends for the last ten years
2003
GCC experienced tremendous growths in their stock markets. Analysts observed that these rapid growths resulted from rising oil prices, increased corporate profits, and enhanced reforms
The Saudi Arabia stock market (Tawadul index) grew by nearly 540 percent. In the same period, Kuwait stock market also grew by 560 percent as Dubai stock market also experienced an increment of 1024 percent.
2006
All GCC countries faced losses due to declining oil prices and introduction of stringent disclosure rules.

5. Cont,
GCC stock markets have generally shown a declining trend followed with depressed states Saudi Arabia market leads GCC stock markets in these downward trends.
2008
Oman and Kuwait experienced the highest growth in value trade
UAE markets were the most affected by the financial crisis. Consequently, Dubai financial Market lost 72.4 percent while Abu Dhabi Securities Exchange lost 47.5 percent.

6. Cultural preference
GCC Citizens prefer investing in IPO rather than trade in secondary market stocks therefore IPO prices have increased as a result of high demand.

7. Global Financial Crisis mostly affected
Investment companies. The global financial crisis made it difficult for many companies to find other resources for servicing their foreign debts
This was because local banks could not cope with sudden increments in demand for corporate loans
Local banks did not want to lend during unstable market conditions. At the same time, foreign banks lacked liquidity. Consequently, most corporate investment companies could not pay off or rollover their matured debts

8. The Oil Price factor and other drivers of Fluctuation
increasing oil prices have favored robust stock markets in the region. However, drops in oil prices from 2005 to 2008 have created volatile conditions in GCC stock markets
Market performances do not always move alongside economic fundamentals. This is because others factors like news and changes in market sentiments among others play significant roles in controlling market conditions

9. Conclusion
Until 2005, GCC stock markets have experienced rapid growths due to favorable oil prices, low interest rates, and growths in corporate profits and enhanced reforms in stock markets.
The past ten years have seen some dramatic and volatile stock market conditions. These resulted from the decline in oil prices, rising interest rates, investors apathy, liquidity in markets and political instability.

10. Thank You For Listening