Arab bourses' market cap hits $4.36 trillion in April, says report
ABU DHABI, 24 days ago
The market cap of Arab stock exchanges exceeded $4.361 trillion at the end of April 2024, thanks to the contribution from the market value of the Saudi Stock Exchange was $2.87 trillion, according to the Arab Monetary Fund (AMF).
The monthly bulletin data of the AMF said that the market value of the Abu Dhabi Securities Exchange reached $754.7 billion, while that of the Dubai Financial Market was valued at $193.4 billion.
The market value of the Qatar Stock Exchange stood at $155.4 billion, while the Kuwait Stock Exchange was about $135.6 billion, followed by the Casablanca Stock Exchange at $68.9 billion, the Muscat Stock Exchange at $63.2 billion, and the Egyptian Stock Exchange at $34.9 billion.
The market value of the Amman Stock Exchange was $23.4 billion, the Bahrain Stock Exchange stood at $21.2 billion, the Beirut Stock Exchange was $17.2 billion, the Tunis Stock Exchange was $8.1 billion, the Damascus Stock Exchange was $5.9 billion, and the Palestine Stock Exchange was $4.3 billion, it added.
