Friday, May 30, 2008

World Stock Market Value Increases By $4T in April, The Largest Monthly Gain in History

According to data obtained from the World Federation of Exchanges, the world stock market capitalization increased by more than $4 trillion in April (see chart above, click to enlarge), the largest monthly gain ever (monthly data became available starting in 1995). The record 7.6% monthly gain, to almost $58 trillion of stock market value in April, was fueled by double-digit monthly market capitalization gains in April for Colombia (17%), Brazil (15.5%), India (11%), Hong Kong (11%), NASDAQ (15.6%), Turkey (13%), South Africa (11%), and Norway (11%).

(Note: Market capitalization of $4.012 trillion for NASDAQ in April was obtained separately from Global Financial Data.)


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