Arab Exchanges in Numbers by Dr. Fadi Khalaf on CNBC Arabia

The Secretary General of the AFE Dr. Fadi Khalaf was  hosted in television interview with CNBC Arabia on March 2nd, 2014. Dr. Khalaf illustrated the market performance during 2013 and beginning 2014 stating that: “The Dubai Financial Market (DFM) index was ranked first worldwide recording a performance of 107.69 % in 2013, followed by Abu Dhabi Securities Exchange (ADX) at 63.08 % .

It is noted that the index of the AFE has roughly paralleled the increase in the MSCI World index in 2013 by an increase of 18.74 %.” Dr. Khalaf pointed out that until the end of February 2014 ADX has offset 93.28 % of the losses registered during the global crisis of 2008, and Qatar Stock Exchange compensated 90.80 %, while the MSCI World index had compensated 92.39 % of its losses. With regard to the markets liquidity which is reflected by the turnover velocity ratio, Dr. Khalaf sees that the Saudi Stock Exchange recorded 78.14 % of turnover velocity for the year 2013 which approached the global markets rates. Noting that the Saudi Market constitute 41% of the market capitalization of the Arab Exchanges, reaching a total 1.140 trillion U.S. dollars by end 2013.

For all the numbers and details of the report go to http://www.cnbcarabia.com/?p=141089.