Abu Dhabi, UAE–The market cap of Arab stock exchanges has vaulted to $4 trillion by the end of 2022, according to the Arab Monetary Fund (AMF).
The AMF said in a statement 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.
Also read: What are the GCC’s top stock exchange constituents?
The market value of the Saudi Stock Exchange was $2.63 trillion; while that of the Qatar Stock Exchange was $167.09 billion. The market cap of the Boursa Kuwait was $152.7 billion; while that of the Muscat Stock Exchange was $61.6 billion.
The Casablanca Stock Exchange’s market cap was $53.6 billion; while that of the Egyptian Exchange was $38.8 billion; and that of the Bahrain Bourse was $30.2 billion, according to the AMF’s statement.
Also read: Net foreign investments in UAE stocks hit $8bn since start of 2022
The market value of Amman Stock exhange reached $25.4 billion; that of Palestine Exchange was $4.89; while Beirut Stock Exchange was put at $14.4 bn; and Damascus Securities Exchange was valued at 2.06 bn.c
