Which are world’s 10 largest stock markets by market capitalization? January 24, 2007
Posted by deminvest in dictionary for democratic investors, investment, investment strategies, nasdaq, stock faq.trackback
[newer data available thanks to Kian]
That interesting (or stupid?) question came to my mind. I don’t know how. The Internet has its special way to hide from you figures that matter, and flood you with detailed, plentiful, useless numbers. So All I could find are the figures of year 2000.
The world’s 10 largest stock markets by market capitalisation at the end of 2000
(in $ million)
| 1 | United States | 15,104,037 |
| 2 | Japan | 3,157,222 |
| 3 | United Kingdom | 2,576,992 |
| 4 | France | 1,446,634 |
| 5 | Germany | 1,270,243 |
| 6 | Canada | 841,385 |
| 7 | Switzerland | 792,316 |
| 8 | Italy | 768,364 |
| 9 | Netherlands | 640,456 |
| 10 | Hong Kong | 623,398 |
Those numbers are the best I could get on-line.
Those figures seem to come from the Economist, but I am not sure they are right. I found somewhere that the NYSE alone has $19.7 trillion now. Maybe it is because prices of stock went up since year 200o, but maybe the guys at the economist forgot the Nasdaq. We, simple people, always need to have big doubts about what the “Big Guys” say. They are as lazy and as clumsy as we are, but they also have such big egos that they blindly believe in their own bullshit and publish them in places where they become “The truth” for everybody.
So we never believe anybody, we are skeptical about everything and we always invest knowing there is big chances we are wrong .
What Really surprizes me reading those figures is how important Wall Street is: US Stock market alone is larger than the sum of the other 9 larger stock markets in the world. Probably the sum of the economies of those other countries is much larger than US economy. This shows how advanced US financial services are and how reasonable it is for investors from all over the world to use Wall Street for their stock investments.
If you can find more accurate figures about 10 largest stock markets in the world, please take the time to post a small comment on this simpleton’s Blog.
I found some more updated numbers for Nasdaq and NYSE:
the New York Stock Exchange and Nasdaq have
increased from $11.6 trillion at the end of 2002 to $17.4 trillion as of June 30, 2005 indicating the attractiveness of U.S. capital markets.
http://www.sec.gov/rules/other/265-23/lfhacking083105.pdf
Some good numbers from trusted source at 2005 Year End:
market capitalization of NYSE’s 2,775 $21.7 trillion
market capitalization of Tokyo Stock Exchange $4 trillion
market capitalization of Nasdaq $3.6 trillion
market capitalization of London Stock Exchange $3 trillion
market capitalization of Euronext $2.5 trillion
market capitalization of Deutsche Boerse $1.2 trillion
Source:
http://www.nyse.com/Frameset.html?displayPage=/press/1135252289621.html
It seems that US markets made their leadership even stronger
[...] 3) US stock markets are more than 30 times larger than Chinese markets. [...]
The market capitalization of Bombay Stock Exchange is $834.59 Bn which is almost equal to that of Canada. Please update your list.
References:
http://finvest.blogspot.com
http://finvest.blogspot.com/2007/04/billion-dollar-club-of-india-market.html
Thank you for giving us some fresh data. I own several indian stocks and I am really glad indian markets are doing so well. As soon as I find fresher Capitalization Data for all world markets I will write a new post with current Capitalizations and include your number. Also thanks for the interesting links.
Vijay, your data is as 2007, the best thing about deminvest data is that is all from one year, which makes the numbers comparable.
I’ve been trying to compare the number of sanctions given to companies per year per market. The number of sanctions shows how “efficient” the market can be rated. If Germany for example has over 6000 companies and a market capitalization of 1.1 trillion (by 2004 year end) and only has given 50 sanctions, it might mean that their rules are too flexible and that the public data given by the companies listed there are more prone to be wrong, than the numbers given by companies in the U.S. markets.
It would be interesting to compare the number of sanctions vs market capitalization per country.
The TSX market cap is currently $1.8 trillion
Thanks Chune, but I was wondering what is TSX, and do you have a link?
World Federation of Exchanges is a source that you can consider
http://www.world-exchanges.org/WFE/home.asp?menu=25&nav=ie
[...] Thanks to Kian, for giving us the ultimate source for this interesting data. [...]
Can anyone give me guidance on investing in top stock exchanges as I am located in India and I feel I am isolated, however I would like to invest in some good stocks in international markets & looking for blue chip international scrips, anyone out there can guide me on this please!!
Basrur, you can open a free trading account at zecco.com .
Thare are several posts about it on this site:
http://deminvest.wordpress.com/category/zecco/
I have an updated list on my blog : http://www.financeviewpoint.com/worlds-largest-stock-markets.html
Andy
Hello everyone! Would you pls tell what the market capitalization of the whole world is? Thanks in advance.
JOHANNESBURG SECURITIES EXCHANGE IS NINTH IN THE WORLD RANKING. CHECK OUT http://www.jse.co.za
Could you please specify India’s position in the World’s Stock Markets?
This data is of the year 2000,and is absolutely useless. Loads have changed since then.I would suggest that you prepare a new and an accurate list for 2008.
There is newer data on this link:
http://deminvest.wordpress.com/2008/01/02/10-largest-stock-markets-in-te-world-by-market-capitalization-in-2005-and-2006-with-interesting-preview-of-2007-data/
India’s position was tenth at the end of 2007:
this is the data at the end of 2007:
NYSE Group 15,650,832.5
Tokyo SE Group 4,330,921.9
Euronext 4,222,679.8
Nasdaq 4,013,650.3
London SE 3,851,705.9
Shanghai SE 3,694,348.0
Hong Kong Exchanges 2,654,416.1
TSX Group 1 2,186,550.2
Deutsche Börse 2,105,197.8
Bombay SE 1,819,100.5
We never ever hear any reference on the non-Canadian news sources about the Canadian stock market, yet often here about the market in Hong Kong which is less valuable. Sometimes it’s like the Americans dont even acknlowedge us as they almost think that we belong to them anyways….they refer to Australia lots but never a mention about Canada, even on the day of our federal election…just muzing…
It’s amazing how you never here about that TSX stock exchange in Canada even though it was the 6th biggest exchange in the world, now 8th.
Scanning exchanges around the world, news media mention the Australian exchange, the Swiss exchange, the Spanish exchange, Brazil’s Bovespa, Germany’s Deutsche Borse, and Bombay, but the TSX is bigger than all of these.
Until recently it was even bigger than Hong Kong or Shanghai. The Economist magazine also seems to have a blind spot when it comes to Canada. It’s just bizarre.
can i get the market capitalization of nyse on the date of 3rd february 2009?
this is 2009. your data is a decade old. Pl.remove it from Inet
Sorry Robert, but I don’ like to remove or modify a post that has comments. I own the Post, but not the comments.
data from October 2008 here:
http://deminvest.wordpress.com/2008/01/02/10-largest-stock-markets-in-te-world-by-market-capitalization-in-2005-and-2006-with-interesting-preview-of-2007-data/#comment-12171.
Will produce 2009 as soon as possible.
it’s all rubish where is pakistan………
I am interest into stock marketing, so I like to join. Thanks
I am in fact grateful to the owner of this web site who has shared this impressive
post at at this place.