The chart below shows the year-to-date percentage returns for each GCC Index (as of October 31st).  Apart from the DFM General Index all other markets are now positive for the year.  Qatar is clearly the stand out performer, rising 12% so far this year and significantly outperforming the other indices.

Despite being the best performer over the last couple of months the DFM General Index is still the weakest performer year-to-date. At -2.16% it is also the only GCC index that is still down for the year.

The remaining indices have managed to eek out small positive gains.  However, with two months still remaining it's difficult to predict whether 2010 will be a positive or negative year for the regional markets.  Watch this space.

Enjoy.