The total market value of Arab financial markets increased by 16.73%, or with earnings equivalent to $ 636.22 billion, in the first quarter of 2022, to reach over $ 4.43 trillion, from $ 3.8 trillion. dollars at the end of the fourth quarter of 2021.
A report released by the Arab Monetary Fund indicated that the Composite Fund Index of Arab Capital Markets closed the first quarter of 2022 transactions, increasing by approximately 2.8% on a quarterly basis, to reach approximately 508 points at the end of March 2022, compared to 494.2 points at the end of December 2021.
The index achieved annual gains of 14.2% at the end of the first quarter of 2022, compared to the first quarter of 2021, according to the Emirati news agency, WAM.
Most of the indicators of performance of Arab stock exchanges included in the Arab Monetary Fund composite index for Arab financial markets at the end of the first quarter of 2022 continued to maintain the performance the rise they have witnessed on a quarterly basis since the beginning of 2021, due to the increase recorded in the indicators of trading values and market value.
The continuation of the movement of new quotations in some Arab stock exchanges had a positive impact on the indicators performance in light of continued efforts by Arab exchanges to raise liquidity levels, raise exchange rates and attract foreign investment, as well as positive first quarter 2022 corporate earnings results.
Globally, the increase in international energy prices has contributed to the improvement of the performance of the Arab stock exchanges at the end of March 2022.
And 13 Arab financial markets listed in the Arab Monetary Fund database recorded an increase in their indicators of performance prices at the end of the first quarter of 2022, compared to the end of the fourth quarter of last year.
As for the performance individual Arab financial markets during the first quarter, was generally positive, as the indicators of performance are increased in all Arab markets during the first quarter of 2022, with the exception of three Arab stock exchanges.
The value of shares traded on the Arab financial markets as a whole recorded an increase of approximately 10.83% in the first quarter of 2022 compared to the previous quarter.
The data showed an increase in the value of the exchanges in 8 Arab exchanges and the value of shares traded in the Saudi financial market surpassed the Arab financial markets during the first quarter of 2022, recording approximately $ 144.71 billion, an increase of 20.67%.
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