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Arab stock exchanges’ market cap exceeds $4 trillion

The Saudi Stock Exchange has been valued at $2.87 trillion.

Credit: Tadawul (Saudi Stock Exchange)

The market cap of Arab bourses exceeded $4.361 trillion at the end of April 2024, according to data published by the Arab Monetary Fund (AMF).

The largest exchange was the Saudi Stock Exchange, with a market value of $2.87 trillion.

Next were the exchanges located in the UAE, with the Abu Dhabi Securities Exchange (ADX) showcasing the largest market cap in the country at $754.7 billion. Meanwhile, the Dubai Financial Market (DFM) was valued at $193.4 billion.

The market value of the Qatar Stock Exchange was $155.4 billion, the Kuwait Stock Exchange was about $135.6 billion, the Casablanca Stock Exchange was $68.9 billion, the Muscat Stock Exchange was $63.2 billion, and the Egyptian Stock Exchange was $34.9 billion.

The market value of the Amman Stock Exchange was $23.4 billion, the Bahrain Stock Exchange was $21.2 billion and the Beirut Stock Exchange was $17.2 billion.

Moreover, 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.