Amman: The market cap of Arab stock exchanges amounted to more than $4.5 trillion by the end of last week, the Arab Monetary Fund (AMF) said Thursday.
The AMF’s Arab financial markets weekly bulletin said that the Dubai Financial Market (DFM) topped Arab stock exchanges last week, with an increase in its market value by about $3.5 billion, reaching $163.6 billion, according to the Bahrain News Agency.
It added that the Amman Stock Exchange achieved market gains of about $785.1 million, the Bahrain Stock Exchange $251.4 million, the Kuwait Stock Exchange $202.2 million, the Muscat Stock Exchange $104.5 million, and the Palestine Stock Exchange $26.6 million, the Damascus Stock Exchange reached $18.5 million, the Beirut Stock Exchange $7.6 million, and the market value of the Saudi Stock Exchange (Tadawul) reached $2.648 trillion, while the market value of the Qatar Stock Exchange reached $161.5 billion.
Source: Jordan News Agency