The main Saudi stock market "Tadawul" advanced seven positions globally among the largest exchanges in terms of the value of shares traded "liquidity" during the month of December, compared to the previous month of November, with the support of the inclusion of Saudi Aramco, the oil giant global.
According to the analysis of the reports unit in the "Al-Iqtisadiah" newspaper, based on "Tadawul" data and the sites of international stock exchanges and the World Federation of Stock Exchanges, the Saudi stock market ranked 20th in the world in terms of liquidity circulated in the market during the month of December 2019, compared to rank 27 in the month of November of the same year.
The Saudi stock market achieved the highest growth rate in circulating liquidity during last December, among the 20 highest liquidity markets globally, as the liquidity of local stocks increased by 95 percent, to reach 30.1 billion dollars "about 113 billion riyals" during the month of December, compared to 15.4 billion riyals During the previous month of November.
This came after the listing of Saudi Aramco in the 11th of last December, which almost doubled the liquidity circulating in the market, with the support of the largest listed company in the world with a market value of 1.88 trillion dollars "7.05 trillion riyals" according to the stock closing at the end of last December at 35.25 riyals "$ 9.4 ".
The 20 adults
The ranking of the largest 20 stock exchanges around the world in terms of turnover came last December, with the Nasdaq “USA” leading by $ 1.21 trillion, up 6 percent from November's previous $ 1.13 trillion, followed by the New York Stock Exchange “USA” with 1 .06 trillion, down 3 percent from the previous November of $ 1.09 trillion.
Thirdly, the Shenzhen Stock Exchange, "China" by 980 billion dollars, up 34 percent from the previous November, which amounted to 730 billion dollars, then the Shanghai Stock Exchange, "China" by 634.4 billion dollars, up 42 percent from the previous November, which amounted to 447.5 billion dollars.
In fifth place came the Tokyo Stock Exchange "Japan" with 403 billion dollars, down 8 percent from November before it of 438.4 billion dollars, then the London Stock Exchange "Britain" by 155.1 billion dollars, down 5 percent from November before it of 164 billion dollars.
Seventh, the South Korea Stock Exchange has 154.5 billion dollars, down 65 percent from November of 438.4 billion dollars, then the Euronext "Europe" with 147.1 billion dollars, down 6 percent from November of 157.1 billion dollars.
Hong Kong "China" ninth with 142.7 billion dollars, down 9 percent from November of 156 billion dollars, then Toronto "Canada" by 117.8 billion dollars, up 6 percent from November of 111.1 billion dollars.
In the 11th place, the Frankfurt Stock Exchange "Germany" ranked 108.8 billion dollars, down 8 percent from November of 118.8 billion dollars, and then the Brazil Stock Exchange by 105.4 billion dollars, up 24 percent from November of 85.1 billion dollars.
The 13th National Stock Exchange "India" came to 95.2 billion dollars, down 17 percent from November of 115.3 billion dollars, and then the Taiwan Stock Exchange by 85.6 billion dollars, up 3 percent from November of 83 billion dollars.
The Australian Stock Exchange ranked 15th with 79.9 billion dollars, up 7 percent from November of 74.6 billion dollars, then the Swiss Stock Exchange with 73.5 billion dollars, down 9 percent from November of 80.6 billion dollars.
And the 17th Istanbul Stock Exchange, "Turkey" with $ 45.6 billion, down 16 percent from November of $ 39.4 billion, then the Madrid Stock Exchange "Spain" in the 17th place with $ 42.3 billion, down 2 percent from November of $ 43.1 billion.
In the 19th place came the Johannesburg Stock Exchange "South Africa" with 31.75 billion dollars, up 9 percent from November of 29.1 billion dollars, and the 20 Saudi stock market "Tadawul" with a value of trading 30.1 billion dollars during December 2019.
* Economic Reports Unit