THE ARAB MONETARY FUND ISSUES THE EIGHTEENTH ISSUE OF THE "ARAB CAPITAL MARKETS WEEKLY BULLETIN"

by **claud39** on Wed Dec 16, 2020 9:54 am

THE ARAB MONETARY FUND ISSUES THE EIGHTEENTH ISSUE OF THE "ARAB CAPITAL MARKETS WEEKLY BULLETIN"

2020-12-15

The Arab Monetary Fund’s index of Arab money markets ended last week’s transactions, up by 0.7 percent, to reach about 426.19 points

The Dubai market is at the top of the weekly gains achieved in the performance of Arab stock market indicators, to record an increase of 5.26 per cent

Arab stock exchanges continue their efforts in the context of expanding the market base and launching new indices

Within the framework of its efforts to develop the financial sector in the Arab countries, the Arab Monetary Fund publishes the "Weekly Bulletin of Arab Capital Markets", which is concerned with monitoring the most important developments in Arab financial markets based on the Arab Monetary Fund's database of Arab financial markets, and data issued by Arab stock exchanges. The eighteenth issue of the bulletin indicated thatThe Arab Monetary Fund Composite Index for Arab money markets recorded an increase of 0.7 per cent at the end of the trading week ending on the tenth of December 2020, compared to the week ending on December 3, 2020, to end the week’s transactions at 426.19 points.

The performance indicators of a number of Arab financial markets witnessed a variation at the end of last week's trading, reflecting the volatility recorded by the global financial market indices, in addition to the tendency of investors in a number of Arab stock exchanges to conduct liquidation operations for investment portfolios, after the companies listed on the Arab stock exchanges finished the announcement. On its quarterly results for the third quarter of 2020.

In this regard, The performance indicators of seven Arab stock exchanges recorded an increase over the past week. Dubai market led the gains, recording its index up by 5.26 per cent. While the Casablanca and Abu Dhabi stock exchanges recorded an increase of 3.55 and 2.91 percent, respectively. Abu Dhabi, up, and the stock market indices in Amman, Damascus, Iraq and Tunisia increased by less than one percent. On the other hand, the performance indices of seven Arab stock exchanges witnessed a decline at the end of last week, as the stock market indices of Palestine, Qatar, Egypt, Saudi Arabia, Bahrain, Kuwait and Muscat recorded a decrease, ranging between 0.05 and 0.91 percent.

The value of trades in the Arab financial markets witnessed, A decline of 23.87 percent at the end of last week, amid variation in the performance of the trading value indicators on Arab stock exchanges. In this context, eight Arab stock exchanges recorded an increase in trading value, led by the Palestine Stock Exchange, whose trading value increased significantly, reflecting the increase in the indicators of a number of sectors listed in the stock exchange. On the other hand, six Arab stock exchanges recorded a decrease in the value of weekly trading, led by the Bahrain Bourse, whose trading value decreased by 88.6 per cent over the past week. The stock exchanges of Kuwait, Iraq, Beirut, Qatar and Saudi Arabia also recorded a decline ranging between 16.3 and 85.1 percent.

In terms of trading volumes, nine Arab stock exchanges recorded an increase in their trading volume at the end of last week, led by the Dubai Stock Exchange, which increased trading volume by 364 percent, to reach 2.37 billion shares, compared to 510.3 million shares at the end of the previous week. On the other hand, six Arab stock exchanges witnessed a decrease in trading volume.

The performance of market capitalization indicators for Arab financial markets varied during the past week, to record a decrease of 0.3% by the end of the week's trading. In this context, five Arab bourses recorded a decline in their market value at the end of last week, led by the Bahrain Bourse, whose index recorded a decline of 1.32 percent. The stock exchanges of Muscat, Saudi Arabia, Palestine and Qatar also recorded a decline ranging between 0.13 and 1.28 percent. On the other hand, the Casablanca Stock Exchange topped the gains recorded in the market value during the past week, as the market value recorded an increase of 3.3%. The stock exchanges of Dubai, Abu Dhabi, Beirut, Egypt and Amman also witnessed a rise in their market value by rates ranging between 1.12 and 2.82 per cent. The Damascus and Kuwait Stock Exchanges also recorded an increase of less than one percent.

In terms of market-related developments, and within the framework of the Arab stock exchanges ’work to expand the market base and support the promotion of small and medium companies, the Saudi Stock Exchange (Tadawul) announced the approval of the Al-Samaani Factory for Metal Industries Company’s request to move from the parallel market to the main market. In the same context, the Qatar Stock Exchange announced the launch of the shares of QLM Life and Health Insurance for the initial public offering in the health and life insurance sector in Qatar. On the other hand, and in the framework of the development of its products and services strategy, and in response to the needs of investors in the market, the Casablanca Stock Exchange announced the launch of the index 20 the Index ) (Morocco to which brings together the top 20 companies listed on the Casablanca Stock Exchange in terms of liquidity ratios . The week saw the Declaration of Kuwait Stock Exchange On its completion of listing the Kuwaiti money market in indicators(MSCI) to emerging markets through the successful implementation of the accession.

The full version of the issue is available at this link

https://www.amf.org.ae/ar/bulletin/arab-financial-markets-weekly-bulletin-18th-issue

https://www.amf.org.ae/ar/content/%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D9%86%D9%82%D8%AF-%D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A-%D9%8A%D9%8F%D8%B5%D8%AF%D8%B1-%D8%A7%D9%84%D8%B9%D8%AF%D8%AF-%D8%A7%D9%84%D8%AB%D8%A7%D9%85%D9%86-%D8%B9%D8%B4%D8%B1-%D9%85%D9%86-%D8%A7%D9%84%D9%86%D8%B4%D8%B1%D8%A9-%D8%A7%D9%84%D8%A3%D8%B3%D8%A8%D9%88%D8%B9%D9%8A%D8%A9-%D9%84%D8%A3%D8%B3%D9%88%D8%A7%D9%82-%D8%A7%D9%84%D9%85%D8%A7%D9%84-%D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9