Bourses make up 2.15% of global total

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Bourses make up 2.15% of global total

The combined market capitalization of Korea’s two bourses represents 2.15 percent of the global total, placing Korea 15th among its global peers, data showed yesterday.

The combined market cap of the world’s 20 major stock markets reached $52.7 trillion as of the end of November increased 9.56 percent from end of 2011, according to data by Korea Exchange. The KRX, which operates the benchmark Kospi and the tech-heavy Kosdaq market, saw its market cap increase 13.6 percent over the cited period to $1.13 trillion.

Meanwhile, the market cap of the North and Latin American stock markets reached $22.5 trillion in November, accounting for 42.77 percent of the global total, the date showed.

Asia-Pacific stock markets, which reported a combined market cap of $15.9 trillion, accounted for 30.32 percent, surpassing that of the European stock markets for the fourth consecutive year. The combined market cap of the European stock markets, as well as those in the Middle East and Africa, edged up 3.31 percent to $14.1 trillion.

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