GCC financial markets' total capitalisation hits $4.2 trillion
MUSCAT, 1 days ago
The overall composite index of financial markets in the Gulf Cooperation Council (GCC) countries recorded a slight growth of 0.7% in 2024. The index reflects the performance of GCC financial markets as a unified bloc.
By the end of 2024, the total market capitalisation of GCC financial markets stood at approximately $4.2 trillion, according to the latest statistics issued by the GCC Statistical Centre (GCC-Stat).
However, the total market capitalisation witnessed a decline of 4.4% compared to the end of 2023.
In 2024, the market capitalisation of GCC financial markets accounted for around 3.5% of the total global market capitalisation, it added.
