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Lebanon ranks 5th in bourse performance report

Lebanon ranks 5th in bourse performance report
The Bespoke Investment Group (BIG) has issued a report regarding the performance of stock markets in the Arab countries, until December 23rd, 2014, on both global level and international level.

Qatar Stock Exchange (QSE) topped the list, rising by 17.3%, coming in the 12th place globally, reported the Lebanese Al Joumhouria.

Bahrain Bourse (BB) ranked the second, registering a rise by 12.2% during 2014, coming in the 17th place globally.

In the third place, Dubai Financial Market (DFM) registered a rise by 10.3%, coming in the 21st place worldwide.

Casablanca Stock Exchange ranked the fourth, rising by 5.4%, coming in the 39th place globally.

Beirut Stock Exchange (BSE) came in the fifth place, registering a rise by 1.97% during 2014, ranking the 46th worldwide.

Saudi Stock Exchange (Tadawul) ranked the sixth, inching up by 0.13%, coming in the 50th place globally.

Meanwhile, Muscat Securities Market (MSM) registered a negative performance, plunging by 8.9%, raking the 64th worldwide.

Kuwait Stock Exchange (KSE) followed MSM, retreating by 13.8% during 2014, coming in the 70th place globally.

Photo Credit: Arabianeye-Reuters