iPhone | iPad
Android
Huawei
Fintech opens up opportunities for individuals with various income levels to participate actively in building wealth
KT APPDOWNLOAD
India among top five in market cap, stands at $3.21 trillion
This is higher than the UK ($3.19 trillion), Saudi Arabia and Canada (both $3.18 trillion)
Filoe photo
India is now among the top five countries, in terms of market capitalisation of shares.
According to media reports on Saturday, the country’s total market cap now stands at $3.21 trillion.
This is higher than the UK ($3.19 trillion), Saudi Arabia and Canada (both $3.18 trillion).
At the beginning of 2022, the UK and France ranked fifth and sixth with market caps of $3.7 trillion and $3.5 trillion respectively. However, following the Russia-Ukraine crisis, the European countries have seen a sharp fall in market caps. Germany, which was once among the top-five, has now slipped to tenth.
In September last year, India emerged as the world’s sixth-biggest stock market, overtaking France for the first time. The US tops the world in terms of market capitalisation ($47.32 trillion) and is followed by China ($11.52 trillion), Japan ($6 trillion), Hong Kong ($5.55 trillion).
Next in the ranking is the UK ($3.19 trillion), followed by Saudi Arabia and Canada ($3.18 trillion each), France ($2.89 trillion) and Germany ($2.29 trillion).
Total world market cap stands at $109.22 trillion.
ALSO READ:
More news from
This comes as a part of the Emirates' ongoing humanitarian mission in the region
Artificial intelligence tools are capable of writing captions about photos that can be altered by the technology
England and New Zealand will get the six-week tournament started on Thursday at the 134,000-seater Narendra Modi Stadium in Ahmedabad
Earlier this year, the Kingdom was confirmed as host of the 2027 Asian Cup and will also stage the Fifa Club World Cup in December
Lawyers are trying to revive woman's bid to force football star to pay millions more than $375,000 in hush money he paid her after she accused him of sexual assault
The agreement seeks to create more breakthroughs in producing high-quality, low-carbon biofuels that significantly reduce greenhouse gas emissions
Pakistan will take on India at Ahmedabad's 132,000-capacity stadium on October 14