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The Dubai market led the Arab stock exchanges last week, with gains of $3.5 billion

The market value of the Arab stock exchanges reached 4 trillion, 54 billion and 27 million dollars at the end of last week, according to the Arab Monetary Fund.

In the weekly bulletin of the Arab financial markets, which monitors 13 Arab stock exchanges, the Fund stated that the Dubai Financial Market led the Arab stock exchanges during the past week, with an increase in its market value by about $3.5 billion, reaching $163.6 billion.

The Abu Dhabi Stock Exchange gained about 687.5 million dirhams during the past week, increasing its market value from 690.7 billion dollars to 691.4 billion dollars, while the Casablanca Stock Exchange gained more than two billion dollars, and the value of the Egyptian Stock Exchange increased by about 1.76 billion dollars.

According to the IMF bulletin, the Amman Stock Exchange achieved market gains of about $785.1 million, the Bahrain Stock Exchange $251.4 million, the Kuwait Stock Exchange $202.2 million, the Muscat Stock Exchange $104.5 million, the Palestine Stock Exchange $26.6 million, the Damascus Stock Exchange $18.5 million, and the Beirut Stock Exchange $7.6 million.

The bulletin stated that the market value of the Saudi financial market reached $2.648 trillion, while the market value of the Qatar Stock Exchange amounted to $161.5 billion.

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