Top 10 Largest Stock Exchanges in the World
- aakash rathod
- Mar 16
- 6 min read
Stock Exchange | Year of Incorporation | Country | Market Capitalisation |
New York Stock Exchange (NYSE) | 1792 | USA | $26.2 trillion |
National Association of Securities Dealers Automated Quotations (NASDAQ) | 1971 | USA | $28.28 billion |
Shanghai Stock Exchange (SSE) | 1866 | China | $6.87 trillion |
European New Exchange Technology (EURONEXT) | 2000 | Europe | $6.65 trillion |
Hong Kong Stock Exchange (HKEX) | 1891 | Hong Kong | $43.64 trillion |
Tokyo Stock Exchange (TSE) | 1898 | Japan | $5.67 trillion |
Shenzhen Stock Exchange (SZSE) | 1990 | China | $5.24 trillion |
London Stock Exchange (LSE) | 1801 | United Kingdom | $4.13 trillion |
Toronto Stock Exchange (TSX) | 1861 | Canada | $3.1 trillion |
Bombay Stock Exchange (BSE) | 1875 | India | $3.5 trillion |
. New York Stock Exchange (NYSE), USA
New York Stock Exchange (NYSE) is the largest stock exchange in the world with an address at 11 Wall Street, New York City, USA. NYSE enjoys a market capitalisation of $26.2 trillion and has over 2400 listed companies. These listed companies consist of several blue-chip companies and are spread across every sector.
NYSE is the oldest stock exchange that was set up in the year 1792. It has an average trading volume between 2 and 6 billion shares. So, it is capable of influencing other stock market indices due to high volumes of trading in multiple countries and nations around the world.
Most popular indices available on NYSE are DJIA (30 leading stocks index), S&P 500 (tracking 500 largest US companies) and NASDAQ Composite Index (free float weighted market cap index of most frequent NYSE stocks).
Recommended Read: S&P 500 Index
2. National Association of Securities Dealers Automated Quotations (NASDAQ), USA
NASDAQ is the second-largest stock exchange in the world at 151 W, 42nd Street, New York City. NASDAQ was the first electronically traded stock exchange in the world, founded in 1971. NASDAQ has a total market cap of $28.28 billion with over 3000 listed companies having an average trading volume of $1.26 per month.
NASDAQ exchange consists of large heavyweight tech firms that are responsible for providing 9% of the whole market value around the globe. It does not have any listed company from oil, gas, or utility business. It tends to be associated with the health care, tech and consumer service sector. The major companies under it are Microsoft, Google, Facebook, Amazon, Tesla, Apple, etc.
The popular indices on the NASDAQ stock exchange are NASDAQ Composite Index, NASDAQ 100 and NASDAQ Non-Financial.
read our article on How to Invest in Nasdaq from India?
3. Shanghai Stock Exchange (SSE), China
Shanghai Stock Exchange (SSE) is the world's third largest and Asia's largest stock exchange, positioned in Shanghai, China. It was originally founded during the year of 1866. Nevertheless, it got adjourned in 1949 because of Chinese revolutions and laid its contemporary foundation for re-establishment in 1990. SSE is made up of over 1500 public limited companies whose aggregate market capitalisation is $6.87 trillion.
Every share traded on SSE has Class 'A' shares priced in local currency yuan and Class' B' shares quoted in US dollars. Class 'A' shares are domestic investment only, with the exception of foreign investors who are eligible for the foreign investment scheme. Class 'B' shares, however, are open to both foreign and domestic investors.
SSE consists of SSE Composite Index that consists of all the stocks on the exchange. Other indexes are SSE 50 Index and SSE 180 Index. Some of the biggest stocks on this exchange are PetroChina, Industrial and Commercial Bank of China and Agriculture Bank of China.
4. European New Exchange Technology (EURONEXT), Europe
Euronext is a stock exchange of multiple states which is situated in Amsterdam, Netherlands. In other words, it has exchanges in Amsterdam, London, Paris, Lisbon, Brussels, Dublin, Milan, and Oslo. It was established in the year 2000. This is also called the European stock exchange and is regarded as the finest stock exchange in Europe. Also, Euronext has over 1300 listed companies with a total market capitalisation of $6.65 trillion.
The blue-chip index that is the most powerful is the Euronext 100, which is made up of the largest and most liquid 100 stocks. And French stocks account for 65% of this index. And the other indices are AEX-INDEX (Netherlands stocks), BEL 20 (Belgium), FTSE MIB (Italy), and OBX 25 (Norway). Some of the biggest stocks on this exchange are Procter & Gamble, LVMH, Royal Dutch Shell, Merck & Co., and L'Oreal.
5. Hong Kong Stock Exchange (HKEX), Hong Kong
Hong Kong Stock Exchange was established in the year 1891 and is the third largest exchange in Asia. It is considered to be the world’s major financial hub. Also, it has more than 2200 companies, of which 50% are from main China. The current market capitalization of HKEX is $43.64 trillion, where the large portfolio comes from the top 20 companies.
The leading index is the Hang Seng Index, which is a free-float, adjusted-MCap-weighted index consisting of 50 stocks and constitutes around 58% of the total HKEX's MCap. The exchange has some of the largest companies in the world, such as PetroChina, China Mobile, HSBC Holdings, AIA, Bank of China, etc.
Even large corporations may purchase and sell below HK$4 per share on HKEX. Penny stocks are categorized only when the price drops below HK$0.5.
6. Tokyo Stock Exchange (TSE), Japan
The Tokyo Stock Exchange is also known as Tosho, having its headquarters in Tokyo, Japan. It was established in the year 1898. After the Second World War, TSE shut down for four years and reopened its operations in 1949.
TSE hosts over 3500 companies that have a cumulative market capitalisation of over $5.67 trillion. Two most popular indices of TSE are Tokyo Price Index (TOPIX) and the Nikkei 225. The TOPIX ranks firms on a free-float capitalization-weighted basis, and the Nikkei 225 ranks the 225 top-traded stocks based on price. Japanese conglomerates include Honda, Toyota, Sony, Suzuki, etc. – all famous brand names across the globe.
In addition to that, TSE has two divisions; the first division consists of large companies, and the second division contains mid-cap companies. Also, TSE is most renowned for offering compliance and market surveillance facilities.
7. Shenzhen Stock Exchange (SZSE), China
Shenzhen Stock Exchange based in Shenzhen, commonly referred to as the Silicon Valley of China. SZSE was founded in 1990 and is the second largest stock exchange in China after Shanghai Stock Exchange. Moreover, it is an independent operating stock exchange in China, second to Shanghai Stock Exchange and Beijing Stock Exchange.
SZSE has over 1900 companies with a market capitalisation of $5.24 trillion. The majority of the companies are Chinese and quoted in the Yuan currency. Additionally, it gives a platform for trade in two sets of shares, i.e. A shares traded in local currency and B shares traded in US dollars for foreign investors.
The widely used indices on this exchange are SZSE Component Index, which consists of 500 stocks and the SZSE 100, which features the top 100 listed companies on the exchange. Although SZSE is a self-regulatory body, China Securities Regulatory Commission (CSRC) has the authority to intervene during times of volatility. For example, they can halt trading for one day if there is any negative news or event affecting stocks.
8. London Stock Exchange (LSE), United Kingdom
London Stock Exchange is one of the world's oldest stock exchanges, established in 1801. It is owned and governed by the London Stock Exchange Group. It first established European benchmark price, market, and equity-market liquidity information. There are around 3000 companies that are listed at the LSE with a collective market capitalization of $4.13 trillion.
Its major index is the Financial Times and London Stock Exchange (FTSE) 100 index, and other indices are FTSE 250, FTSE 350, and FTSE All-Share index. Additionally, LSE possesses two markets, i.e. its main market, consisting of more than 300 major companies worldwide. And another is Alternative Investment Market, which is an overseas market for small-cap stocks. Some of the most well-known British firms listed on the LSE include Barclays, British Petroleum and GlaxoSmithKline.
Explore: Most Expensive Stocks in the World
9. Toronto Stock Exchange (TSX), Canada
Toronto Stock Exchange is an entirely owned subsidiary of the financial services arm of TMX Group. It was founded in the year 1861 and is located in Toronto, Ontario, Canada. TSX has over 2200 listed companies, which amounts to a total market capitalisation of $3.1 trillion.
The financial products that are traded on this exchange include exchange traded funds (ETFs), equities, bonds, futures and options, commodities, investment trusts, etc. TSX also concentrates more on mining, oil and gas firms.
The TSX's primary index is Standard and Poor (S&P)/TSX 60, which is dominated by energy companies. Furthermore, the top 100 companies can be followed by the TSX Composite Index, which represents about 70% market capitalization of the Toronto Stock Exchange. Some of the leading companies are the Royal Bank of Canada, Suncor Energy, Fortis, etc.
10. Bombay Stock Exchange (BSE), India
Bombay Stock Exchange is one of the oldest stock exchanges in Asia, established in 1875 during the British regime. BSE is one of the world's top 10 stock exchanges. It is India's largest stock exchange situated on Dalal Street, Bombay.
BSE has the largest number of listed companies, over 5500; however, the majority of the companies are small-scale. Moreover, it has helped in the development of companies' financial markets and corporate sectors. The total market capitalisation of BSE is $3.5 trillion.
The key index on this bourse is S&P BSE SENSEX, India's most followed index. Sensex stands for sensitive index and contains 30 shares covering various industries of the economy. Reliance Industries, Infosys, TCS, HDFC Bank, etc., are some of the blue-chip companies listed in this index.
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