Economic Research | Country Risk Weekly Bulletin | Country Risk Weekly Bulletin 522 | Arab stock markets up 5% in January 2018 | Lebanon | Byblos Bank

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Byblos Bank

Country Risk Weekly Bulletin 522

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Arab stock markets up 5% in January 2018

Arab stock markets improved by 5.1% and Gulf Cooperation Council equity markets rose by 5.5% in January 2018, relative to an increase of 1.6% each in the same month of 2017. In comparison, global equities increased by 5.3%, while emerging market equities improved by 6.8% in January 2018. Activity on the Khartoum Stock Exchange jumped by 9.1% in January 2018, the Qatar Stock Exchange grew by 8%, the Beirut Stock Exchange rose by 6.5%, the Saudi Stock Exchange expanded by 5.9%, the Casablanca Stock Exchange improved by 5.5%, the Abu Dhabi Securities Exchange increased by 4.6%, the Boursa Kuwait grew by 4.4%, the Amman Stock Exchange rose by 3.1%, the Tunis Bourse expanded by 2.8%, the Iraq Stock Exchange improved by 1.7%, the Bahrain Bourse expanded by 1.4%, the Dubai Financial Market increased by 0.7%, the Egyptian Exchange grew by 0.2% and the Palestine Exchange rose by 0.1%. In contrast, activity on the Muscat Securities Market dropped by 1.9% and the Damascus Securities Exchange regressed by 1.1% in the covered month. In parallel, activity on the Tehran Stock Exchange increased by 2.7% in January 2018.
Source: Local stock markets, Dow Jones Indices, Byblos Research

 
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