Top Arab Stock Exchanges in January 2023

The Arab Monetary Fund Composite Index for Arab Financial Markets recorded an increase of 0.34% at the end of January 2023 compared to the end of December 2022.

The market value of the Arab stock exchanges increased by about 1.32%, and the improvement in the performance of a number of Arab stock exchanges coincided with the growth recorded in most of the world’s financial markets, as well as in a number of emerging stock exchanges. , in addition to increased growth expectations from a number of international organizations.

The Damascus Stock Exchange led the uptrend recorded at the level of the Arab stock exchanges, with its index rising by 16.03%, and it exceeded the increase recorded at the level of market value by 16.03%.

The Iraqi securities market outperformed the Arab stock exchanges in terms of high trading values ​​and high trading volume, mainly due to the growth of the banking index.

The Arab Monetary Fund Composite Index for the Arab Financial Markets closed operations in January 2023, rising 0.34% to around 487.90 points from its level recorded at the end of December 2022.

Source: RT