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ABU DHABI, June 16: The Arab stock exchanges consolidated their gains and gained their market capital by more than 86.5 billion dirhams in last week’s trading, according to the Arab Monetary Fund.
The weekly bulletin of the Arab Monetary Fund showed that the market capitalization of Arab stock exchanges rose from $4.264 trillion to $4.351 trillion at the end of last week.
The bulletin indicated that the market capital of the Abu Dhabi Securities Market reached 729.1 billion dollars, while the market capital of the Dubai Financial Market amounted to about 173.8 billion dollars, and the market capitalization of the Saudi financial market “Tadawul” amounted to about 2.911 trillion dollars.
The market capitalization of the Qatar Stock Exchange amounted to about $166.8 billion, the Kuwait Stock Exchange $132.4 billion, the Muscat Stock Exchange $61.5 billion, the Casablanca Stock Exchange $56.4 billion, the Egyptian Stock Exchange $36.7 billion, and the Bahrain Stock Exchange $31.2 billion.
According to the Arab Monetary Fund bulletin, the market capitalization of the Amman Stock Exchange was about $25.2 billion, the Palestine Stock Exchange was $5.03 billion, and the Damascus Stock Exchange was $2.72 billion.
