Vice president, business strategy at Cogencis Information Services, Ltd.
Stock exchanges across the globe have over 43,000 listed companies. Like with every statistic, few exchanges have a disproportionate influence and most are largely non-existent. Cambodia has only five companies listed on its exchange. Indonesia has almost 550 companies listed on the stock exchange. The country with the highest number of listed companies in the world is India: 5,615.
The United States is behind India with just around 4,300 companies listed on the exchanges. The number of listed companies, however, is no indicator of the quality and size of a particular market. The three giants in the US — Amazon, Apple and Alphabet, with a combined market capitalization of US$2.3 trillion-exceed the market capitalization of the entire Indian market. Apple’s market value alone is double the entire market capitalization of the Indonesia Stock Exchange (IDX)....
Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.