“Arab Monetary”: 4.58 trillion dollars, the capitalization of Arab stock exchanges

2023-08-25 21:04:47

Abu Dhabi (Al Ittihad)

The market capital of the Arab stock exchanges rose to 4 trillion, 583 billion, 805 million and 212 thousand dollars at the end of last week, according to the weekly bulletin of the Arab Monetary Fund. The bulletin showed an increase in the market capitalization of Arab stock exchanges by 1.27%, or $57.4 billion, compared to $4 trillion, 526 billion, 359 million, and 504 thousand dollars at the end of the previous week.
The Composite Index of the Arab Monetary Fund for the Arab financial markets ended the trading week ending on the eighteenth of August 2023, up by 0.06 percent, to reach about 489.25 points.
The bulletin indicated that the market capital of the Saudi financial market “Tadawul” is about $3.07 trillion.

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