Top 75 Exchanges by Market Capitalization StockMarketClock

Market Capitalization (or Market Cap) is the total number of outstanding shares times the value of each share. Market Cap can refer to an entire stock exchange or an individual stock.

For example, Amazon's stock (AMZN), listed on the NASDAQ, has 492,332,000 outstanding shares priced at nearly $2,000 per share (as of July 2019). This means Amazon's Market Cap is:

492,332,000 shares x $2,000 per share = $984.664 Billion Market Cap

The market cap for the NASDAQ is even higher. The market cap for the NASDAQ is the sum of the market caps for all listed companies on that exchange. There are more than 3,000 companies listed on the NASDAQ. As shown in the table above, NASDAQ's market cap is $11,658,200,860,000,000,000 ($11658200.86 trillion).

List of Stock Exchange By Market Capitalization

Last Updated: Monday, September 2, 2019 (3 weeks ago)

RankExchange Country Market Cap (USD)
1 NYSE United States $24230840.32 Trillion
2 Nasdaq - US United States $11658200.86 Trillion
3 Japan Exchange Group Japan $5614217.12 Trillion
4 Shanghai Stock Exchange China $4776752.7 Trillion
5 Euronext Netherlands $4418228.67 Trillion
6 Hong Kong Exchanges and Clearing Hong Kong $4189279.03 Trillion
7 LSE Group United Kingdom $3934491.23 Trillion
8 Shenzhen Stock Exchange China $3034148.82 Trillion
9 TMX Group Canada $2286818.24 Trillion
10 BSE India Limited India $2215950.63 Trillion
11 National Stock Exchange of India Limited India $2183846.5 Trillion
12 Deutsche Boerse AG Germany $1949134.03 Trillion
13 SIX Swiss Exchange Switzerland $1711018.64 Trillion
14 ASX Australian Securities Exchange Australia $1454171.2 Trillion
15 Korea Exchange South Korea $1432600.98 Trillion
16 Taiwan Stock Exchange Taiwan $1046389.36 Trillion
17 B3 - Brasil Bolsa Balcão Brazil $1045210.11 Trillion
18 Johannesburg Stock Exchange South Africa $977495.66 Trillion
19 BME Spanish Exchanges Spain $774946.68 Trillion
20 Singapore Exchange Singapore $725887.43 Trillion
21 Moscow Exchange Russia $719545.14 Trillion
22 The Stock Exchange of Thailand Thailand $588037.11 Trillion
23 Saudi Stock Exchange (Tadawul) Saudi Arabia $556913.67 Trillion
24 Indonesia Stock Exchange Indonesia $513116.17 Trillion
25 Bursa Malaysia Malaysia $410073.19 Trillion
26 Bolsa Mexicana de Valores Mexico $398677.41 Trillion
27 Oslo Bors Norway $290422.65 Trillion
28 Philippine Stock Exchange Philippines $286850.99 Trillion
29 Bolsa de Comercio de Santiago Chile $246221.22 Trillion
30 Tehran Stock Exchange Iran $220753.84 Trillion
31 Tel-Aviv Stock Exchange Israel $215410.84 Trillion
32 Warsaw Stock Exchange Poland $166818.65 Trillion
33 Qatar Stock Exchange Qatar $159679.83 Trillion
34 Borsa Istanbul Turkey $147159.48 Trillion
35 Abu Dhabi Securities Exchange United Arab Emirates $141546.66 Trillion
36 Hochiminh Stock Exchange Vietnam $137392.82 Trillion
37 Bolsa de Valores de Colombia Colombia $120697.82 Trillion
38 Irish Stock Exchange Ireland $110470.47 Trillion
39 Taipei Exchange Taiwan $101794.72 Trillion
40 Bolsa de Valores de Lima Perú $101257.68 Trillion
41 NZX Limited New Zealand $99339.74 Trillion
42 Dubai Financial Market United Arab Emirates $96523.53 Trillion
43 Bourse de Casablanca Morocco $61007.21 Trillion
44 Athens Stock Exchange (ATHEX) Greece $51710.15 Trillion
45 Bolsa de Comercio de Buenos Aires Argentina $49857.06 Trillion
46 Luxembourg Stock Exchange Luxembourg $47565.75 Trillion
47 Iran Fara Bourse Securities Exchange Iran $43069.64 Trillion
48 The Egyptian Exchange Egypt $42376.99 Trillion
49 Dhaka Stock Exchange Bangladesh $41097.28 Trillion
50 Chittagong Stock Exchange Bangladesh $39189.83 Trillion
51 Nigerian Stock Exchange Nigeria $38060.95 Trillion
52 Kazakhstan Stock Exchange Kazakhstan $36909.34 Trillion
53 Budapest Stock Exchange Hungary $30043.72 Trillion
54 Bahrain Bourse Bahrain $24613.24 Trillion
55 Bucharest Stock Exchange Romania $23806.87 Trillion
56 Amman Stock Exchange Jordan $21792.34 Trillion
57 Zagreb Stock Exchange Croatia $21175.85 Trillion
58 Muscat Securities Market Oman $17047.07 Trillion
59 Bolsa de Valores de Panama Panama $16278.86 Trillion
60 Jamaica Stock Exchange Jamaica $14472.98 Trillion
61 Colombo Stock Exchange Sri Lanka $14304.86 Trillion
62 Stock Exchange of Mauritius Mauritius $9008.47 Trillion
63 Beirut Stock Exchange $8575.47 Trillion
64 Tunis Stock Exchange Tunisia $8478.78 Trillion
65 BRVM Ivory Coast $8149.72 Trillion
66 Malta Stock Exchange Malta $5479.18 Trillion
67 Cyprus Stock Exchange Cyprus $4380.66 Trillion
68 Ukrainian Exchange Ukraine $3908.24 Trillion
69 Botswana Stock Exchange Botswana $3883.19 Trillion
70 Palestine Exchange Palestine $3709.56 Trillion
71 Barbados Stock Exchange Barbados $3564.19 Trillion
72 Bermuda Stock Exchange Bermuda $2903.38 Trillion
73 Namibian Stock Exchange Namibia $2300.34 Trillion
74 Bolsa Nacional de Valores Costa Rica $2244.47 Trillion
75 Cayman Islands Stock Exchange Cayman Islands $345 Trillion

Total Market Capitalization: $86,189,642,452,963,065,856 ($86189642.45 trillion)

Data Source

Data provided by the World Federalization of Exchanges (WFE).

Important Notes

  1. Markets caps exclude investment funds except where noted below.
  2. Includes alternative and SME Markets.
  3. Australian Securities Exchange market cap includes investment funds.
  4. Borsa Istanbul Exchange market cap includes investment funds.
  5. BME Spanish Exchanges includes investment companies listed (open-end investment companies) which are differ from investment funds.
  6. Bolsa de Valores de Lima (Peru) includes 26 foreign companies with shares negotiated under a special modality.
  7. Euronext figure includes Belgium, England, France, Netherlands and Portugal.
  8. Johannesburg Stock Exchange figures include the market capitalization of all listed companies, but exclude listed warrants, convertibles and investment funds.
  9. Korea Exchange includes KOSDAQ listed companies.
  10. LSE Group includes London Stock Exchange and Borsa Italiana.
  11. NASDAQ Nordic include Copenhagen, Helsinki, Iceland, Stockholm, Tallinn, Riga and Vilnius Stock Exchanges.
  12. NSE India includes "Emerge" market data.
  13. Singapore Exchange market capitalization includes domestic listings and a substantial number of foreign listings, defined as companies whose principal place of business is outside of Singapore.