Australia now has fifth biggest share market

(10 Nov 2009) - The strong $A and a rally in resources stocks has helped Australia to become the fifth largest share market in the world. A few years ago, the local equities market was similar in size to the Netherlands and Italy. Now it is bigger than both of them combined.

Another notable trend is the growing presence of developing countries on the list. Brazil and China are both knocking on the door for a top ten position, and Taiwan, India and Russia are in the top twenty. Finland, Denmark, Belgium, Norway, Austria and Ireland now account for less of the world market than Brazil.

New Zealand, the Philippines, Pakistan and Malaysia are just out of the top forty.

 
Biggest share markets in the world

 Rank

 Country / Region

% Total

 1  United States
40.66
 2  United Kingdom
8.51
 3  Japan
8.44
 4  France
4.81
 5  Australia
3.49
 6  Canada
3.46
 7  Germany
3.42
 8  Switzerland
3.10
 9  Spain
2.18
10  Brazil
2.15
11  China
1.99
12  South Korea
1.90
13  Italy
1.70
14  Hong Kong
1.47
15  Taiwan
1.42
16  India
1.34
17  Netherlands
1.19
18  South Africa
1.06
19  Sweden
1.05
20  Russia
0.78
21  Singapore
0.64
22  Mexico
0.61
23  Finland
0.47
24  Denmark
0.44
25  Malaysia
0.42
26  Belgium
0.41
27  Norway
0.35
28  Israel
0.32
29  Greece
0.27
30  Indonesia
0.24
31  Portugal
0.19
32  Thailand
0.18
33  Chile
0.17
34  Austria
0.16
35  Ireland
0.16
36  Turkey
0.15
37  Poland
0.11
38  Colombia
0.10
39  Egypt
0.10
40  Hungary
0.08
     

Source: FTSE-All World Review, Sep-2009

 




NEWS FLASH
Upper deeming rate cut from 5% to 4%
 
ATO Self-managed super fund statistical report
 
Temporary Investment Allowance
 
Education Tax Refund
 
Access to super if you have a terminal medical condition
   
 

Home  |  Site Map  |  Contact Us  |  Help  |  Policies
 
Copyright © 2011 Wren Research Pty Ltd
Wren Investment Advisers and Wren Super are
registered business names of Wren Research Pty Ltd
Australian Financial Services Licence 247124