Top 10 Stock Exchanges in The World by Market Capitalization
Which are the Top 10 Stock Exchanges in The World? Today, I am going to share information about Top 10 Stock Exchanges in The World by Market Capitalization in detail. In Amsterdam, the first stock exchange was established by the Dutch East India Company to trade a share. Now a day there are 16 stock exchanges in the world with a market capitalization of over $1 trillion. A stock exchange is a regulated marketplace of various financial securities such as stocks, warrants, and bonds that connect sellers and buyers. the World Federation of Exchanges data shows based on the market capitalization of these top 10 largest stock exchanges. Here we give information on the top 10 largest stock exchanges in the world.
Top 10 Stock Exchanges in The World |
10. Bombay Stock Exchange, India
Bombay Stock Exchange (BSE) was the first stock exchange in Asia Founded in 1875, As of November 2018, BSE had a market capitalization of more than $2.05 trillion.
According to Visual Capitalist this stock exchange with the highest number over 5,749 of listed companies. However, most of them are small-caps. It is located at Dalal Street in Mumbai.
9. Toronto Stock Exchange, Canada
Toronto Stock Exchange was It was founded in 1852, Owned and operated by TMX Group which has 2,207 listed companies.
The Toronto Stock Exchange (TSX) are combined market capitalization of $2.1 trillion & an average monthly trade volume of $97 billion. All of Canada’s ‘Big 5’ commercial banks are listed on the Toronto Stock Exchange. Back in the year 2011, the TMX Group was in says to merge with the London Stock Exchange (LSE), but it could not get the approval of shareholders.
8. Shenzhen Stock Exchange, China
Shenzhen Stock Exchange was Formally established in 1990, which is one of the only two independently operating stock exchanges in China country. The Shenzhen Stock Exchange and the other one being the Shanghai Stock Exchange. Shenzhen Stock Exchange had market capitalization is more than $2.5 trillion as of November. Most of the companies listed in Shenzhen Stock Exchange are based in China and it trades shares in the currency Yuan. The Shenzhen Stock Exchange started a Chi Next board in 2009 which consisting of high-tech, high-growth startups similar to NASDAQ.
7. London Stock Exchange, United Kingdom
The London Stock Exchange was founded in 1698 which has more than 3,000 listed companies. London Stock Exchange owned and operated by the London Stock Exchange Group, with a combined market capitalization of $3.76 trillion. The London Stock Exchange (LSE) was the world’s largest stock exchange until the end of World War I when it lost that title to the New York Stock Exchange. Some of the largest companies are listed at the LSE are British Petroleum, GlaxoSmithKline and Barclays.
6. Euronext, Eurozone
Euronext whose Headquartered in Amsterdam, the Netherlands. Euronext is a Pan-European stock exchange with a combined market capitalization of $3.92 trillion which presence in countries like Portugal, France, Ireland, and Belgium. Euronext has approximately 1,300 listed companies with monthly trading volume is about $174 billion and Stocks listed at Euronext trade in currency euros.
5. Hong Kong Stock Exchange, Hong Kong
The Hong Kong Stock Exchange has a monthly trading volume of $183 billion which founded in 1891 and about a market capitalization of $3.93 trillion. Hong Kong Stock Exchange has more than 2,000 listed companies, about half of which are from China mainland. In 2017, the exchange closed for changing its physical trading floor to shift to the electronic trading floor. Some of the biggest companies listed at the Hong Kong Stock Exchange (HKSE) are HSBC, Tencent Holdings, China Mobile, Petro China, and AIA Holdings.
4. Shanghai Stock Exchange, China
The Shanghai Stock Exchange's largest stock exchange in China has more than 1,000 listed companies with a market capitalization of $4.02 trillion. Shanghai Stock Exchange is a non-profit organization through its started date back to 1866, in the Chinese Revolution in 1949 was suspended. The Shanghai Stock Exchange's new modern avatar was started in 1990. Stocks listed at the Shanghai Stock Exchange have two types ‘X’ shares that people trade in local currency and ‘Y’ shares that are priced in the American US dollar for foreign investors.
3. Tokyo Stock Exchange, Japan
The Tokyo Stock Exchange is among the top 10 largest stock exchanges in the world which was founded in 1878, It has over 2,300 listed companies. Tokyo Stock Exchange has a combined market capitalization of $5.67 trillion. Tokyo Stock Exchange Trading was stopped for four years after World War II. The Tokyo Stock Exchange consists of the largest companies including Honda, Sony, Toyota, and Suzuki.
2. NASDAQ, United States
The NASDAQ Stock Market is considered the Mecca of technology companies because NASDAQ had a market capitalization of $10.8 trillion & many of the world’s largest technology companies such as Facebook, Amazon, Microsoft, Alphabet, Apple, Tesla, Cisco, etc. are listed here. The NASDAQ situated in New York City which was founded in 1971 with an average monthly trading volume of $1.26 trillion.
1. New York Stock Exchange, United States
New York Stock Exchange has a market capitalization of $22.9 trillion which was Founded in 1792. The New York Stock Exchange has 2,400 listed companies and the world’s largest stock exchange since the end of World War I. The NYSE alone accounts for roughly around 41% of the world’s stock market capitalization. According to Gallup, more than 55% of Americans had invested in stocks listed at the NYSE.