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Saudi Arabia is the fifth G20 country in terms of the market value of financial markets

Saudi Arabia is the fifth G20 country in terms of the market value of financial markets

The monthly data of the World Federation of Exchanges revealed that Saudi Arabia is the fifth country among the G20 countries in terms of the market value of the stock markets with SAR 10.7 trillion, after the USA, China, Japan, and India.

 

According to the data, the USA comes at the forefront of the countries of the world and G20 countries in terms of the market value of its stock markets. This is due to the presence of the New York Stock Exchange, the largest stock exchange in the world by market value.

Based on the value of market capitalization, China is the second most valuable country among the G20 countries. This is due in part to the presence of the Shanghai Stock Exchange, the third largest stock exchange in the world, with a market value of $5 trillion. This is in addition to the Senshen Stock Exchange, with a market value of $4.2 trillion, which is the fifth largest stock exchange in the world.

Japan ranks third among the G20 countries in terms of the market value of stock markets, with the Tokyo Stock Exchange – the fourth largest stock exchange in the world – with a market value of $4.9 trillion.

India comes in fourth place with a market value of $3.2 trillion on the Indian National Stock Exchange. This is the seventh largest stock exchange in the world after the Hong Kong market, which ranks sixth in the world.

Saudi Arabia is the fifth G20 country in terms of the market value of financial markets, as the market value of the Saudi financial market (Tadawul) reached about $2.86 trillion at the end of last October, ranking eighth among the largest stock exchanges in the world.

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