BSE, NSE among top 5 emerging bourses: Sebi

BSE, NSE among top 5 emerging bourses: Sebi

The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) are among top five bourses across the emerging economies of the world in terms of market capitalisation, the Securities and Exchange Board of India (Sebi) has said in its latest monthly report.

Listing out a total of 14 stock exchanges across emerging countries, Sebi said the BSE stood at fourth position and the NSE at fifth in terms of cumulative market capitalisation of all their listed companies.

Sebi has cited data from the World Federation of Exchanges (WEF) in its monthly report for June, 2012. The BSE stood at the fourth position with a market cap of $1,101.87 billion as on June 30, 2012, up 6.36 per cent from $1,035.91 billion at the end of the previous month. The NSE stood at fifth spot with market valuation at $1,079.39 billion at June-end, an increase of 6.42 per cent from $1,014.21 billion in May.

Among emerging countries, Shanghai Stock exchange (China) was ranked as number one with a market cap of $2,410.87 billion, followed by Shenzhen Stock Exchange (China) at $1,149.17 billion and BM&FBOVESPA (Brazil) at $1,127.24 billion.

Overall, the major stocks listed in both developed and developing countries recorded upward trend in market value at the end of June, 2012. Among developing regions, the market capitalisation of Mexican Exchange grew by 12.2 per cent during June 2012 and that of Johannesburg Stock Exchange by 7.11 per cent.

DH Newsletter Privacy Policy Get top news in your inbox daily
Comments (+)