The market capitalization of the Arab stock markets reached $4 trillion by the end of 2022: Arab Monetary Fund

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Abu Dhabi: According to the Arab Monetary Fund (AMF), the market capitalization of Arab stock markets will exceed $4 trillion by the end of 2022.

In a press statement on Friday, the AMF said that the market value of the Abu Dhabi Securities Exchange reached $714.6 billion in the reference year, while that of Dubai Financial Market was valued at $158.4 billion.

The market capitalization of the Saudi Stock Exchange was $2.63 trillion; while that of the Qatar Stock Exchange was $167.09 billion. The market capitalization of the Boursa Kuwait was $152.7 billion; while that of the Muscat Stock Exchange was $61.6 billion.

The market capitalization of the Casablanca Stock Exchanges was $53.6 billion; while that of the Egyptian Exchange was $38.8 billion; and that of the Bahrain Stock Exchange was $30.2 billion, according to the AMF statement.

The market value of the Amman Stock Exchange reached $25.4 billion; that from Palestine Exchange was $4.89; while the Beirut Stock Exchange was valued at $14.4 billion and Damascus Securities Exchange was valued at $2.06 billion.

Sources

1/ https://Google.com/

2/ https://gulfnews.com/business/markets/arab-bourses-market-cap-hit-4-trillion-by-end-of-2022-arab-monetary-fund-1.93080225

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