The total market capitalization of the GCC financial markets reached $98.1 billion (SAR 3,443.1 billion) at the end of November 2015, down 12.8% from its value of $1 trillion 52.9 billion at the end of November 2014. The total market capitalization of the GCC financial markets recorded its highest level in the past two years at $1 trillion 187.5 billion at the end of August 2014.
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Saudi market. First
At the country level, the Saudi stock market ranked first at the level of the Cooperation Council for the Arab States of the Gulf, where the market value of the Saudi stock market reached about 441.8 billion dollars, representing about 48.1% of the total market value of the Gulf financial markets.
UAE market. Second
The UAE financial market (Abu Dhabi and Dubai markets) ranked second with a total market value of about 197.3 billion dollars at the end of November 2015, representing about 15.9% of the total market value of the GCC financial markets.
The UAE market ranked second with a total market value of about 197.3 billion dollars at the end of November 2015.
Qatar market. Third
While the Doha Stock Exchange ranked third with a market value of about 146.3 billion dollars, representing about 15.9% of the total market value of the GCC financial markets
Qatar's market.
Kuwait market. Fourth
The Kuwait Stock Exchange ranked fourth with a market value of $90.6 billion representing about 9.9% of the total.
The Kuwait Stock Exchange ranked fourth with a market value of $90.6 billion representing about 9.9% of the total.
Oman fifth, Bahrain sixth
<The Muscat Securities Market came in fifth place with a market value of $22.7 billion representing about 2.5% of the total. Finally, the Bahrain Stock Exchange ranked sixth with a market value of 19.4 billion dollars representing about 2.1% of the total market values.Bahrain Stock Exchange
Rates of decline
In contrast, the rates of change decreased during the period between the end of November 2014 and November 2015, and the Doha Stock Exchange recorded a decrease from $191.8 billion to $146.3 billion in November 2015, a decrease of $45 billion or 23.7%.
Doha Stock Exchange (DSE) recorded a decrease from $191.8 billion to $146.3 billion in November 2015, a decrease of $45 billion or 23.7%.
The Kuwait Stock Exchange recorded the second largest rate of decline in market capitalization, as its market capitalization decreased from $103.6 billion in November 2014 to $90.6 billion in November 2015, or by 12.5% or about $13 billion.
The Kuwait Stock Exchange recorded the second largest rate of decline in market capitalization, falling from $103.6 billion in November 2014 to $90.6 billion in November 2015, or by about $13 billion. The Bahrain market recorded the third largest decline in market capitalization, falling from $22 billion to $19.4 billion in November 2015, a decrease of 11.9% or about $3 billion.
Bahrain's market capitalization declined from $22 billion to $19.4 billion in November 2015, a decrease of 11.9% or about $3 billion.
Saudi Arabia's stock market recorded the fourth largest decline in market capitalization, falling from $497.3 billion in November 2014 to $441.8 billion in November 2015, a decrease of 11.2% or about $55 billion.
The Dubai Financial Market (DFM) recorded the fifth largest decline in market capitalization, as its market capitalization decreased from $97.3 billion in November 2014 to $86.6 billion in November 2015, a decrease of 10.9% or about $11 billion.
The Muscat Securities Market (MSM) was the sixth largest rate of decline in market value, by 8.0% or about $2 billion.
The Muscat Securities Market (MSM) was the sixth largest rate of decline in market value, by 8.0% or about $2 billion. Abu Dhabi, which ranked seventh in market capitalization (rate of decline), had a rate of decline of 4.8%, or about $6 billion.
Abu Dhabi's market capitalization decreased by 4.8% or about $6 billion.
