1. M-cap of emerging markets positive in June 2016, India rises

M-cap of emerging markets positive in June 2016, India rises

Market capitalisation of emerging countries showed a positive trend at the end of June 2016 as against developed markets, including the US that saw a 0.8 per cent fall in valuations to $23.4 trillion.

By: | New Delhi | Published: September 13, 2016 9:50 PM
According to the data by regulator Sebi, the market capitalisation (M-cap) of India increased by 3.2 per cent to .5 trillion while that of China increased by 3.7 per cent to  trillion. (PTI) According to the data by regulator Sebi, the market capitalisation (M-cap) of India increased by 3.2 per cent to .5 trillion while that of China increased by 3.7 per cent to trillion. (PTI)

Market capitalisation of emerging countries showed a positive trend at the end of June 2016 as against developed markets, including the US that saw a 0.8 per cent fall in valuations to $23.4 trillion.

According to the data by regulator Sebi, the market capitalisation (M-cap) of India increased by 3.2 per cent to $1.5 trillion while that of China increased by 3.7 per cent to $6 trillion.

Among major developed markets, the m-cap of France, the UK and Germany declined by 6.1 per cent, 5.7 per cent and 5.3 per cent, respectively, the data showed.

M-cap of Japan plunged by 2.8 per cent while Hong Kong’s m-cap fell by 0.7 per cent at the end of June 2016.

As regards emerging markets, the m-cap of Brazil, Indonesia, Columbia and South Africa rose significantly by 18.3 per cent, 9.8 per cent, 7 per cent and 7.7 per cent, respectively.

Among other major countries with an exception, m-cap of Singapore and Australia increased by 2.8 per cent and 0.3 percent, respectively, according to the data.

Last week, total market valuation of BSE-listed companies surged to a lifetime high of over Rs 112 lakh crore on September 6, driven by robust stock market sentiment.

The m-cap swelled to Rs 1,12,44,145 crore. Earlier, it had hit a high of Rs 100 lakh crore in November 2014.

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