The main Saudi stock market “Tadawul” advanced four places in the world among the largest stock exchanges in terms of the value of “liquidity” traded shares during last August, compared to the previous month of July.
According to the monitoring unit of the reports in Al-Eqtisadiah newspaper, which was based on Tadawul data and the websites of global stock exchanges and the World Federation of Exchanges, the Saudi stock market ranked 19th in the world in terms of liquidity traded in the market during last August, compared to 23rd in July of the same year.
The Saudi stock market achieved this progress after the liquidity in circulation last August jumped 35 percent from the previous month, to reach 150.4 billion riyals (40.1 billion dollars).
The Big 20
The ranking of the 19 largest stock exchanges around the world in terms of trading value came last August, led by the New York Stock Exchange “United States” with 2.67 trillion dollars, followed by Nasdaq “United States” with 1.93 trillion dollars.
Third, the Shenzhou Stock Exchange “China” came in at 1.8 trillion dollars, then the Shanghai Stock Exchange “China” with 1.41 trillion dollars.
In the fifth place, the South Korean Stock Exchange came with 520.4 billion dollars, then the Tokyo Stock Exchange “Japan” with 455.2 billion dollars, and the seventh Hong Kong Stock Exchange “China” with 280.8 billion dollars.
In eighth place is the National Stock Exchange “India” with a trading value of $ 173.1 billion, then the Taiwan Stock Exchange with $ 155.3 billion.
Tenth, the Euronext “Europe” with 143.2 billion dollars, then the Toronto Stock Exchange “Canada” with 125.4 billion dollars.
The Frankfurt Stock Exchange “Germany” ranked 12th with $ 122.7 billion, followed by the London Stock Exchange, “Britain”, with $ 115.5 billion.
And the 14th came the Brazil Stock Exchange with 114.6 billion dollars, then the Australian Stock Exchange with 98.5 billion dollars, and the Istanbul Stock Exchange “Turkey” with 71.8 billion dollars.
The Swiss Stock Exchange ranked 17th with $ 70.8 billion, then the Tehran Stock Exchange, “Iran”, with a trading value of $ 51.7 billion.
And the 19th Saudi stock market “Tadawul” with a trading value of $ 40.1 billion during August 2020.
* Economic Reports Unit
These were the details of the news The Saudi market is ranked 19th among the world’s stock exchanges... for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.
