| Top
10 fastest growing stock markets of the Muslim
World, averaged market capitalization growth
of 99.87% between 2004-2003. Comparatively,
the top 10 global stock markets averaged growth
of 19.79%. |
 |
Posted,
July 20th, 2005
Dinar
Standard presents the following stock
market analysis brief based on end-of-year
2004 numbers, covering the 27 active stock
markets from the 57 OIC member states.
The brief analysis provides key market
activity data and compares it with the
leading global markets. A listing of key
companies and sectors represented is also
included. Click
to read key analysis points, or view
the tables listed below.
|
|
OIC Market Indicators
(2004, by Market Cap.)
TABLE 1
|
|
|
|
|
Stock
Exchange
|
Listed
Co.s
|
Market
Cap.
(US$ mill)
|
%ge
Change
(2004-03)
|
Broad
Market Index
|
%ge
Change
(2004-03)
|
Mkt
Cap %age of GDP** |
Tadawul
Stock Market,
Saudi Arabia |
73
|
292,134
|
86%
|
8206
TASI
|
85%
|
73%
|
Bursa
Malaysia,
Malaysia |
963
|
190,000
|
13%
|
907
Composite
|
14%
|
161%
|
|
Istanbul
Stock Exchange, Turkey |
297
|
98,073
|
42%
|
24971
ISE 100
|
34%
|
29%
|
|
Kuwait
Stock Exchange, Kuwait |
125
|
73,580
|
24%
|
6409
KSE
|
33%
|
143%
|
| Jakarta
Stock Exchange, Indonesia |
333
|
73,250
|
49%
|
545
SSX Comp.
|
45%
|
23%
|
|
Surabaya
Stock Exchange, Indonesia |
206
|
61,903
|
83%
|
3071
ADSM
|
75%
|
20%
|
| Abu
Dhabi Securities Market, UAE |
35
|
55,489
|
34%
|
1000.23
JSX Comp.
|
44%
|
38%
|
|
Tehran
Stock Exchange, Iran |
411
|
46,995
|
36%
|
13543
TEPIX
|
24%
|
25%
|
|
Doha
Securities Market, Qatar |
30
|
40,434
|
51%
|
6494
DSM
|
65%
|
136%
|
|
Cairo
& Alexandria Stock Exchanges, Egypt
|
795
|
37,579
|
34%
|
2567
CASE 30
|
122%
|
34%
|
| Dubai
Financial Market, UAE |
18
|
35,919
|
146%
|
439
DFM
|
173%
|
18%
|
|
Karachi
Stock Exchange, Pakistan |
661
|
28,900
|
75%
|
6218
KSE
|
39%
|
20%
|
|
Lahore
Stock Exchange, Pakistan |
527
|
28,232
|
73%
|
3779
All Share
|
31%
|
|
|
Casablanca
Stock Exchange, Morocco |
53
|
25,174
|
93%
|
4521
MASI
|
15%
|
30%
|
|
Amman
Stock Exchange, Jordan |
192
|
18,383
|
68%
|
4245
ASE
|
62%
|
111%
|
|
Bahrain
Stock Exchange, Bahrain |
45
|
13,513
|
39%
|
1773
All Share
|
33%
|
113%
|
|
Muscat
Securities Market, Oman |
123
|
9,317
|
29%
|
3375
MSM
|
24%
|
36%
|
|
Nigeria
Stock Exchange, Nigeria |
195
|
5,810
|
|
|
|
|
|
Kazakhstan
Stock Exchange, Kazakhstan |
89
|
3,940
|
62%
|
213
KAZE
|
50%
|
8%
|
|
Dhaka
Stock Exchange, Bangladesh |
269
|
3,831
|
130%
|
967
General
|
14%
|
3%
|
|
Tunis
Stock Exchange, Tunisia |
44
|
2,574
|
6%
|
974
BVMT
|
4%
|
10%
|
|
Beirut
Stock Exchange, Lebanon |
16
|
2,330
|
55%
|
55
BSE
|
41%
|
8%
|
|
Khartoum
Stock Exchange, Sudan |
48
|
2,058
|
176%
|
1651
Khartoum
|
69%
|
4%
|
|
Palestine
Securities Exchange, Palestine |
26
|
1,096
|
69%
|
277
Al-Quds
|
55%
|
19%
|
|
Chittagong
Stock Exchange, Bangladesh |
184
|
1,020
|
|
|
|
2%
|
|
Algeria Stock Exchange, Algeria |
3
|
140
|
-2%
|
|
|
0.22%
|
|
Kyrgyz
Stock Echange, Kyrgyzstan |
240
|
35
|
16%
|
70
|
3%
|
2%
|
|
Toshkent
Republican Stock Exchange, Uzbekistan
|
145
|
4
|
-69%
|
108
|
-1%
|
0.14%
|
|
TOTAL |
6146
|
1,151,713
|
|
|
|
|
|
Data
Source: Individual stock exchange market data,
FIBV Focus Monthly Statistics (Federation Internationale
Des Bourses De Valeurs), Federation of Euro-Asian
Stock Exchanges, Arab Monetary Fund
** GDP comparison Based on 2003 Data
|
