GCC Stock Markets: A Comparative Analysis

Manuel Fernandez, IMT-Dubai, Academic City, Dubai
Nizar Mousa Sahawneh, Skyline University College, Sharjah, UAE
Abstract

A stock market is a public market where stocks of listed companies are traded. This study makes a comparative analysis of the performance of various stock markets operating in the GCC. GCC is a customs union that consists of six members Bah- rain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE. The study covers a period of five years and seven stock markets. The comparative analysis of the stock markets is done on the basis of trading, market capitalization and number of days trade. The study reveals that the average overall performance of Doha Securities Exchange is the best followed by Dubai Financial Market, Abu Dhabi Securities Exchange, Muscat Securities Market, Bahrain Stock Exchange, Saudi Stock Exchange and Kuwait Stock Market respectively.

Keywords: Capital Market, Stock Market, Gulf Cooperation Council, Customs Union, Mutual Funds, Foreign Investors, Market Capitalization

Suggested citation: Fernandez, M. & Sahawneh, N.M. (2010) Capital Market, Stock Market, Gulf Cooperation Council, Customs Union, Mutual Funds, Foreign Investors, Market Capitalization..  Skyline Business Journal, Volume 6, No 1, pp 17-22.

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Suggested citation
Fernandez, M. & Sahawneh, N.M. (2010) Capital Market, Stock Market, Gulf Cooperation Council, Customs Union, Mutual Funds, Foreign Investors, Market Capitalization..  Skyline Business Journal, Volume 6, No 1, pp 17-22.