By Vishweshwar HS, www.showmytrade.com
Financial markets around the world are interconnected. The news flow affects all significant exchanges. It is essential to track and analyze global overall market conditions and its implication for our Indian Stock market.
More than 60 major global stock exchanges range in size and trading volume. The US is the biggest stock market in the world.
1. New York Stock Exchange (NYSE): Dow Jones Industrial Average (DJIA) is the major Index. Thirty stocks make up the Dow Jones Industrial Average. More than 2400 companies are listed on the New York Stock Exchange. It includes sectors like finance, healthcare, consumer goods, and energy. Some of its famous companies include Exxon Mobil Corp, Citigroup, and Pfizer.
2. National Association of Securities Dealers Automated Quotations (NASDAQ): NASDAQ-100 is the Index. With category-defining companies at the forefront of innovation—Apple, Microsoft, Alphabet, Intel, Facebook, Amgen, Starbucks, Tesla—the Nasdaq-100 index defines today’s modern-day industrials. NASDAQ is the first electronic stock exchange.
3. Tokyo Stock Exchange (TSE): is the largest exchange in Japan. Nikkei 225 is the Index. Around 2,000 firms are listed on the TSE. The Nikkei 225 index is one of the primary and most popular indexes that represent the largest firms in Japan. Some of the well-known Japanese companies in the Nikkei 225 are Canon Inc., Panasonic Corp., Sony Corp., Nissan Motor Co., Toyota Motor Corp., Mazda Motor Corp., and Honda Motor Co.
4. London Stock Exchange (LSE): The major Index of LSE is FTSE (Financial Times Stock Exchange), which is commonly termed “footsie” comprises of 100 companies. Around 3,000 companies from around the world trade on the LSE and its affiliated exchanges. Some of the famous companies include Royal Dutch Shell, Unilever, HSBC, AstraZeneca, BP, BHP, Diageo, etc.,
5. Hong Kong Stock Exchange (HKEx): The major Index of Hang Seng Index (abbreviated: HIS) comprises 50 companies Roughly 1,500 companies listed on the exchange. Some of the famous companies include AIA Group, CK Asset Holdings, Great Eagle Holdings, Hang Seng Bank, Johnson Electric, etc.,
6. Shanghai Stock Exchange (SSE): The major Index of SSE 50 comprises 50 companies. SSE is one of the newest in the world. It opened in late 1990, and 1,500 companies trade on its exchange. A significant restriction is that “A” shares of Chinese companies are only available to citizens living in China. Hong Kong has “H” shares that are open to global investors. Some of the famous companies include PetroChina, the Industrial and Commercial Bank of China, and the Agricultural Bank of China.
7. Euronext Stock Exchange (Euronext is a public listed company): The dominant stock index is Euronext 100. It is a pan-European exchange – Netherlands, Portugal, Belgium, France, Ireland, and the UK. Around 1300 companies are listed. Some of the famous companies include AXA, Christian Dior, and Renault.
8. Toronto Stock Exchange (TSX): The major Index is 100 companies S&P/TSX Composite Index. It is the largest stock exchange in Canada, with over 1500 companies listed. Some famous companies include Royal Bank of Canada and Suncor Energy Inc.
9. Frankfurt Stock Exchange (FWB): The major Index is DAX comprises of top 30 companies. The companies listed on the Frankfurt Stock Exchange are primarily based in Germany and other countries that trade using the euro. Some famous companies include Adidas, BMW, and E.ON.
The stock market around the world is interconnected. As many global funds invest in the various stock market. As global influencer news, events, exchange rates, crude oil prices, the war-like situation will affect the most the market. Currently, Coronavirus disease (COVID-19) is bringing down the major indices around the world drastically! The Investors/traders advised tracking the global market for profitable trade or investment.
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