Leading bourse Bombay Stock Exchange (BSE) has extended its lead as the world's top exchange in terms of the number of listed companies, outpacing major global peers like NYSE, Nasdaq and London Stock Exchange by almost 100%.
The BSE had a total of 5,174 companies listed on its platform at the end of last month, outpacing its closest rival, Canadian bourse TMX Group, by more than 1,000 firms or over 20%, as per the latest data available with the World Federation of Exchange (WFE).
The number of listed companies on the BSE platform is almost double that of major bourses like UK's London Stock Exchange and American bourses like NASDAQ and NYSE.
Another Indian bourse, National Stock Exchange (NSE), is ranked 10th with 1,660 listed companies.
The listed firms on the BSE has increased from 5,115 in January to 5,174 in October, the WFE data showed. The number of companies listed on the BSE rose by 11 companies in October alone.
BSE is followed by TMX Group, BME Spanish Exchanges, London SE Group, NASDAQ OMX, NYSE Euronext (US), Tokyo SE Group, Australian SE, Korea Exchange and NSE in the top 10.
While TMX has 3,964 listed companies, London Stock Exchange has 2,782 companies, NASDAQ OMX has 2,598 and NYSE Euronext (US) has 2,345.