The market capitalization value of Arab exchanges reached $4.21 trillion at the end of September 2022, according to a recent report by the Arab Monetary Fund (AMF).
On a monthly basis, the 13 Arab exchanges recorded a 3.24% drop in market capitalization value last September compared to August 2022.
In addition, Arab Stock Markets turnover declined by 11.94% MoM in September 2022, while trading volume fell by 22.72% MoM.
The Abu Dhabi Stock Exchange (ADX) led the Arab stock markets with a monthly growth of 5.54% in market capitalization value to $600.63 billion in September 2022, from $569.10 billion in august.
The Dubai Financial Market (DFM) market cap value also increased by more than $1.57 billion (1.01%) MoM to $156.67 billion from $155.10 billion.
The Egyptian Stock Exchange (EGX) followed with a monthly rise of 0.42% to $35.03 billion from $34.89 billion.
Meanwhile, the Saudi Stock Exchange (Tadawul) recorded a 5.15% MoM drop in market capitalization value to $2.88 trillion at the end of September 2022 from $3.04 trillion.
The market capitalization of the Qatar Stock Exchange (QSE), Boursa Kuwait and Muscat Securities Market (MSM) stood at $193.77 billion, $148.65 billion and $60.09 billion respectively.
Additionally, the Bahrain Stock Exchange’s market capitalization was valued at $30.04 billion at the end of September, down 1.88% MoM from $30.61 billion at the end of August.
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