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Arab stock exchanges topped $4tn in 2022

Arab Monetary Fund says region bourses capped at more than $4tn last year

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The market cap of Arab stock exchanges exceeded $4tn by the end of 2022, according to the Arab Monetary Fund (AMF).

The AMF said that the market value of the Abu Dhabi Securities Exchange reached $714.6bn in the reference year, while that of Dubai Financial Market was valued at $158.4bn.

The market value of the Saudi Stock Exchange was $2.63tn; while that of the Qatar Stock Exchange was $167.09bn.

Arab stock exchange

The market cap of the Boursa Kuwait was $152.7bn; while that of the Muscat Stock Exchange was $61.6bn.

The Casablanca Stock Exchange’s market cap was $53.6bn; while that of the Egyptian Exchange was $38.8bn; and that of the Bahrain Bourse was $30.2bn, according to the AMF’s statement.

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

The UAE and Saudi stock markets opened the New Year in the green, with bourse indexes in both countries making moderate gains in early 2023 trading.

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