Arab stock exchanges’ market cap exceeds $4.17t in H1 

The Arab stock exchanges’ market capitalisation surpass $4.17 trillion by the end of the first half of 2024, as reported by the Arab Monetary Fund (AMF).

According to the AMF’s latest monthly bulletin, the Abu Dhabi Securities Exchange (ADX) market capitalisation was $761.54 billion, the Saudi Exchange (Tadawul) followed with a significant $2.68 trillion, while the Dubai Financial Market (DFM) reported a value of $184.8 billion.

Other notable exchanges include the Qatar Stock Exchange, valued at $157.9 billion, and Boursa Kuwait, which reached approximately $134.06 billion.

The Casablanca Stock Exchange had a market value of $69.4 billion, while the Muscat Stock Exchange and the Egyptian Exchange (EGX) stood at $63 billion and $39.07 billion, respectively.

Further down the list, the Amman Stock Exchange was valued at $23.3 billion, the Bahrain Bourse at $21.2 billion, and the Beirut Stock Exchange (BSE) at $16.54 billion. The Tunis Bourse had a market cap of $8.3 billion, followed by the Damascus Securities Exchange (DSE) at $5.66 billion and the Palestine Exchange at $4.2 billion.

Attribution: Smarties News Agency (WAM)