BSE, NSE Among Top 10 Exchanges in Asia-Pacific Region


BSE, NSE Among Top 10 Exchanges in Asia-Pacific Region

New Delhi: Stock exchanges BSE and NSE figure among top 10 bourses in the Asia-Pacific region in terms of market capitalisation of the companies listed on their platforms.

Among the 17 stock exchanges from the Asia-Pacific region listed by market regulator Sebi in its latest monthly bulletin, the BSE stood at fifth position followed by the NSE at sixth place.

Tokyo SE Group topped the list with a market capitalisation of U.S.$3,295.65 billion followed by Hong Kong Exchanges, Shanghai SE and Australian SE in the top-four.

Those ranked below the two Indian bourses were Korea Exchange (7th), Shenzhen SE (8th), Singapore Exchange (9th) and Taiwan SE Corp (10th).

The ranking is based on figures sourced from the World Federation of Exchanges (WFE), among others, as on August 30, when BSE commanded a market cap of U.S.$1,093.17 billion, marginally down from U.S.$1,092.6 billion a month ago.

The market capitalisation of listed companies on NSE stood at  U.S.$1,068.3 billion at August-end, down from U.S.$1,070.13 billion in July.

In the Asia-Pacific region, the market capitalisation fell for Hong Kong Exchange, Australian Stock Exchange and Tokyo SE Group as well during the month of August.

At present, the BSE commands a total market capitalisation of 65,71,445.29 crore (U.S.$1,223.05 billion), while that of NSE is 64,38,840.45 crore (U.S.$1,198.37 billion). The number of listed companies is lower at NSE than the BSE.

Across the world, NYSE Euronext (US) recorded the highest market capitalisation at U.S.$13,338.39 billion at August-end.

"Among developed markets, the market capitalisation of NYSE Euronext (Europe) grew by 4.70 percent, followed by Deutsche Boerse (3.92 percent) and London SE Group (2.43 percent)," the regulator said.

"The market capitalisation of major stocks listed in both developed markets and developing markets exhibited mixed trend at the end of August 2012," it added.

Source: PTI