The Saudi Stock Exchange market (Tadawul) ranked first with a market capitalization of $3.17 trillion, according to a new report released by the Arab Monetary Fund (AMF).
The Abu Dhabi Securities Exchange (ADX) had a market capitalization of $574.3 billion at the end of last week, ranking second among the largest Arab stock exchanges in terms of market capitalization, AMF’s bulletin said.
The Fund revealed that the market value of Arab stock exchanges reached $4.49 trillion at the end of last week’s trading, up from $4.46 trillion compared to the same period in August.
AIn its weekly bulletin of Arab capital markets, which monitors 13 Arab stock exchanges, AMF said that the market value of the Dubai Financial Market (DFM) increased over the past week from $155.08 billion to $156.36 billion, an increase of more than $1.27 billion.
The Qatar Stock Exchange reached $210.07 billion, while the Kuwait Stock Exchange had a market value of $151.17 billion. Also, the Muscat Securities Market amounted to $60.2 billion and the Casablanca Stock Exchange was valued at $59.7 billion. Similarly, the Egyptian Stock Exchange reached $36.1 billion, and the Bahrain Stock Exchange totaled $30.3 billion.
Moreover, data showed that the Amman Stock Exchange is worth $26.75 billion, and the Beirut Stock Exchange was valued at $13.79 billion. Also, the Palestine Stock Exchange reached $4.9 billion, while the Damascus Stock Exchange amounted to $1.54 billion.
