2009 Global Bull Market Rally: World Stock Markets Gain 43% and $14 Trillion in Market Value

The value of world stock markets increased by $1.07 trillion in December (data here) to $46.5 trillion, the highest level for total world stock market capitalization since August 2008 (see chart above). The world's stock markets have increased in value nine out of the last ten months, and world markets have gained $14 trillion in market capitalization since the $28.7 trillion value in December 2009, representing almost a 43% increase this year.

In 2009, 48 out of the 52 stock markets tracked by the World Federation of Exchanges registered positive gains in market capitalization (all except Bermuda, Japan's JASDAQ and Osaka exchanges, and Jordan), and some stock markets have more than doubled in market value since December 2008 including Brazil (+126%), India (+102%), Indonesia (+117%), and China (+145%).

In the U.S., the NASDAQ gained 44% in market capitalization, and the NYSE gained 28.5%, representing a $3.6 trillion increase.