World market cap increased by 4.5% during the first quarter… Korea ranked 43rd out of 86 countries’heavyweight’

The U.S., Canada, Germany, U.K., and Russia are all higher than average.
China rather fell 2.0%… Venezuela is -73%↓

[아시아경제 이민우 기자] The market capitalization of global stock markets increased by more than 4% during the first quarter of this year. Korea’s stock market ranked 43rd out of 86 countries surveyed, showing the middle level.

Bloomberg surveyed the market caps of 86 countries on the 4th, and as of the 31st of last month, the global market cap was $107,8629 (about 1,777 trillion won). This is an increase of 4.5% from $103 trillion 229.7 billion at the end of last year. On January 31 this year, it decreased to $10,35407 billion, and on February 16, it reached $110,849.8 billion. After that, on the 9th of last month, it declined to $10.5 trillion and then upwards again.

The background of the increase in market capitalization is the evaluation that the easing monetary policy of each country’s central bank in response to the aftermath of Corona 19 was effective. In addition, the rise of the US stock market, which accounts for 40% of the global market capitalization, was also significant.

The growth rate by country was the highest in Zimbabwe at 68.6%. It was followed by Ukraine (44.1%), Lebanon (33.7%), and Ghana (33.0%). Among the major countries, Canada (9.8%), Russia (8.0%), Germany (7.0%), the United States (6.4%), Italy (6.0%), and the United Kingdom (5.7%) exceeded the global average. Korea ranked 43rd, which is the middle level among 86 countries surveyed with 2.7%. Among the emerging countries, Vietnam (11.8%), Taiwan (10.5%), India (8.7%) and Thailand (8.1%) performed well.

On the other hand, China’s market capitalization decreased by 2.0%. Venezuela’s market cap fell 72.9% in Venezuela, which is experiencing extreme economic difficulties and various chaos. 27 countries, including Argentina (-18.4%), Malta (-11.1%), Turkey (-10.8%), and Portugal (-9.9%), also decreased their market caps.

Reporter Lee Min-woo [email protected]