Arab stock exchanges outperformed $4tn in 2022
Key takeaways:
- Arab Monetary Fund says region bourses were limited at almost $4tn last year.
- The market limit of Arab stock exchanges surpassed $4tn by the end of 2022.
The market cap of Arab stock exchanges surpassed $4tn by the end of 2022, according to the Arab Monetary Fund (AMF).
The AMF stated that the market worth of the Abu Dhabi Securities Exchange got to $714.6bn in the reference year, while that of the Dubai Financial Market was esteemed at $158.4bn.
The market worth of the Saudi Stock Exchange was $2.63tn, while that of the Qatar Stock Exchange was $167.09bn.
Arab stock exchange
The market limit of Boursa Kuwait was $152.7bn, while that of the Muscat Stock Exchange was $61.6bn.
The Casablanca Stock Exchange’s market lid was $53.6bn; the Egyptian Exchange was $38.8bn; and the Bahrain Bourse was $30.2bn, according to the AMF’s report.
The Amman Stock Exchange’s market worth reached $25.4bn; that of the Palestine Exchange was $4.89bn, while Beirut Stock Exchange was set at $14.4bn, and Damascus Securities Exchange was esteemed at $2.06bn.
The UAE and Saudi share markets kicked off the new year in green, with bourse indexes in both nations making average earnings in early 2023 tradings.
