Financial Outlook of the OIC Member Countries 2016
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2 CAPITAL MARKETS
This section is drawn from OIC Member States’ Stock Exchanges Forum Integrated Statistics
Report 2014 (OIC Exchanges, 2015). The forum publishes a statistics report by applying a
survey and using data from World Bank, World Federation of Exchanges and Federation of
European and Asian Stock Exchanges. The report covers 25 stock exchanges from 21 OIC
member countries listed in Table 3.
Table 3: Stock Exchanges
Country Stock Exchange Acronym
United Arab Emirates Abu Dhabi Securities Exchange ADX
Jordan Amman Stock Exchange ASE
Bahrain Bahrain Stock Exchange BHB
Turkey Borsa İstanbul BIST
Malaysia Bursa Malaysia Berhad BM2
Mozambique Bolsa de Valores de Moçambique BVM
Tunisia Bourse des Valeurs Mobilières de Tunis BVMT
Bangladesh Chittagong Stock Exchange CSE(B)
Morocco Casablanca Stock Exchange CSE(M)
United Arab Emirates Dubai Financial Market DFM
Bangladesh Dhaka Stock Exchange Limited DSE
Egypt The Egyptian Exchange EGX
Indonesia Indonesia Stock Exchange IDX
Iran Iran Fara Bourse Company IFB
Kazakhstan Kazakhstan Stock Exchange KASE
Pakistan Karachi Stock Exchange Limited KSEL
Pakistan Lahore Stock Exchange LSE
Maldives Maldives Stock Exchange Pvt Ltd MSE
Nigeria Nigerian Stock Exchange NSE
Oman Muscat Securities Market MSM
Palestine Palestine Securities Exchange PEX
Qatar Qatar Stock Exchange QSE
Algeria Société de Gestion de la Bourse des Valeurs Mobilières Spa SGBV
Saudi Arabia Saudi Stock Exchange Tadawul
Iran Tehran Stock Exchange TSE
The number of listed domestic companies is 4,949, and the number of foreign companies is 41
as of 2014. The shares of Bursa Malaysia (18 per cent), Karachi Stock Exchange (11 per cent),
Indonesia Stock Exchange (10 per cent), and Lahore Stock Exchange (9 per cent) make up 48
per cent of the number of companies (OIC Exchanges, 2015). Figure 6 shows the number of
companies listed in the covered stock exchanges.
2 Unofficial acronym representing Bursa Malaysia