November Seasonality — Seasonality — GCC Market Analytics
November Seasonality | GCC Market Analytics

Wednesday, 3 November 2010

November Seasonality

In last month's seasonality post I noted that October and November had historically been the weakest performing months of the year for GCC equity markets.  Well, the markets managed to overcome those negative tendencies in October with all GCC indices apart from Saudi rising in value over the month.

Now we head into November, historically the weakest month of the year (see chart below).  Will the markets manage to overcome the odds again and continue their recent strong performance? Well, November hasn't started off that great but there's still a long way to go.