The UAE and Saudi financial markets topped the Arab stock exchanges during last April’s trading, after achieving market gains that exceeded $308.5 billion..
Monitoring by the Emirates News Agency, WAM, based on the data of the monthly bulletin of Arab financial markets issued by the Arab Monetary Fund, showed that the UAE markets achieved market gains of about $28.9 billion during the past month, distributed by $21.8 billion for the Abu Dhabi Securities Market and $7.1 billion for the Abu Dhabi Securities Market. for the Dubai Financial Market.
The market value of the Abu Dhabi Securities Market rose from $740.8 billion at the end of March to $762.7 billion at the end of April 2023, while the market value of the Dubai Financial Market increased from $162.3 billion to $169.4 billion..
The bulletin indicated that the Saudi financial market achieved market gains of about $279.5 billion, with an increase in its market value from $2.66 trillion to $2.94 trillion, while the market capital of the Egyptian Stock Exchange increased to $36.8 billion, gaining about $2.9 billion..
The market capital of the Kuwait Stock Exchange reached 149.4 billion dollars at the end of last April, with gains of 1.9 billion dollars, and the capitalization of the Casablanca Stock Exchange amounted to about 54.6 billion dollars, with gains of 406.1 million dollars, while the capital of the Beirut Stock Exchange increased to 19.2 billion dollars, adding profits of more than 406 million dollars..
The Bahrain Stock Exchange recorded a market capitalization of $30.4 billion at the end of last April, with gains of $283.8 million, while the capital of the Tunis Stock Exchange amounted to about $7.9 billion, with gains of $65.4 million, the Damascus Stock Exchange $2.38 billion, with profits of $24.3 million, and the Palestine Stock Exchange, $4.99 billion, with gains of 907. one thousand dollars.
The capitalization of the Qatar Stock Exchange reached $162.2 billion, the Muscat Stock Exchange reached $61.7 billion, and the Oman Stock Exchange reached $24.6 billion.