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Trade At The 12 Arab Stock Markets Covered By The Arab Monetary Fund Surged By 50 Per Cent To USD12.8bn In The First Quarter.

Date 14/06/2002

Trade at the 12 Arab stock markets covered by the Arab Monetary Fund surged by 50 per cent to USD12.8bn in the first quarter, reported the latest AMF bulletin. Turnover in Saudi Arabia was up the most, and 80 per cent higher. These figures seem to show that Arab money is being invested in Arabia, and may indicate a repatriation of funds from overseas in the wake of September 11.