Table 1

Indices of sampled markets and market capitalisations

$ bn%
Developed markets
AustraliaS&P/ASX 200 (AS51)1,26388.1
CanadaS&P/Toronto Stock Exchange Composite Index (SPTX)1938113.1
FranceCotation Assistée en Continu 40 (CAC40)2,36685.2
GermanyDeutscher Aktien Index (DAX)175544.5
Hong KongHong Kong Sang Index (HSI)3,8191,053.0
IsraelTel Aviv Stock Exchange 125 Index (TA-125)18750.6
JapanNikkei-225 Stock Average5,297106.5
SwedenOMX Stockholm 30 Index (OMX)29087.2
UKFTSE 100186863.9
USS&P 50030,436148.1
Emerging markets
BrazilIbovespa Brasil São Paulo Stock Exchange Index (IBOV)91749.1
ChileS&P/CLX IPSA (IPSA)25184.1
ChinaShanghai Stock Exchange Composite Index (SHCOMP)6,32546.5
GreeceAthens Stock Exchange General Index (ASE)3817.6
IndiaNSE Nifty 50 Index208376.6
MalaysiaFTSE Bursa Malaysia KLCI Index398111.0
MexicoS&P/BMX IPC (MEXBOL)38531.5
PolandWIG20 Index16027.4
RussiaMOEX Russia Index57634.8
South AfricaFTSE/JSE Africa All Share Index (JALSH)865235.0

Note(s): The table shows the sampled countries and the respective indices used in the study. The last two columns report the market capitalisation in US Dollars (billions) and as a percentage of GDP. Capitalisation statistics were obtained from the World Bank Database and reported as at 2018, except for Sweden (as at 2003) and the UK (as at 2008)

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