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Article: MARKET CAP DATA FOR 2008
- Article from:
- Info-Prod Research (Middle East)
- Article date:
- December 11, 2008
CopyrightCopyright 2008 Info-Prod Research (Middle East). Provided by ProQuest LLC. (Hide copyright information)
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Market cap of the 6 countries of the GCC (Saudi Arabia, UAE,
Kuwait, Qatar, Oman and Bahrain) is almost $600 bn at the last
trading day of this week, said Dr. Gil Feiler, CEO of Info Prod
Research and author of Investing in Russia and Rethinking Business
Strategy for the EIU. Saudi companies constitute more than 40
percent of the total value with more than $242 bn. Kuwaiti public
companies hold the second place with $132 bn, UAE with $116bn, Qatar
with $70bn, Bahrain with $21bn and Oman is closing the GCC exchanges
with market cap of $16bn. Five out of the top ten companies are
Saudi companies. SABIC is the largest market cap stock with value of
$40.3bn, while the smallest market cap ...