Global listed market capitalization exceeded $ 100 trillion … 17% after the crown crisis

Enter 2020.12.20 11:11

“Reflecting the expectations of vaccines in the large-scale fiscal policies of each country”
Electric Vehicle, Healthcare and Software Industries Lead Increase in Market Capitalization

Despite the new coronavirus infection (Corona 19), the market capitalization of listed stocks listed on the global stock market exceeded $ 100 trillion.

According to the Nihon Keizai newspaper report on the 20th analyzing data from the financial information provider ‘Quick Fact Set’, the market capitalization of listed shares in the world reached 100.1872 trillion dollars (about 11 kyungwon) a from the 18th.

This is an increase of 17% compared to the end of last year, before the Corona 19 crisis. This is more than 20% more than the International Monetary Fund (IMF) estimate of this year’s global nominal gross product ( GDP, $ 83 trillion).

Earlier this year, the market capitalization fell to $ 59 trillion in March, as the market fell sharply as a result of the global spread of Corona 19. However, governments and central banks have seen a sharp increase due to large-scale fiscal policy and financial easing efforts to expand the supply of liquidity.

Market capitalization skyrocketed when expectations of the spread of the Corona 19 vaccine were mirrored here. By industry, since the end of last year, the market capitalization of technology services such as software has soared 57%, reaching the top of the list of top industries.

This was followed by a 47% increase in the market capitalization of consumer durables, leading to strong growth in cars and games, where expectations for electric vehicles (EVs) were extended. The market capitalization of health-related stocks also rose 28%, placing it at the top.

On the other hand, the biggest drop in market capitalization occurred in the energy sector, which registered -17%. In the energy sector, the prospect of slow oil demand due to stagnant movement of people and logistics due to the corona effect 19 and the tendency to value ESGs (environment, society and governance) became negative factors.

Meanwhile, among companies with a market capitalization of more than $ 1 billion, the market capitalization of medicine-related companies was remarkable, with Swiss Relief Therapeutics, a drug developer for Corona 19, increasing by 635.

Apple, the world’s largest market capitalization, rose 65%, the only sole proprietorship to top the $ 2 trillion wall. Furthermore, Tesla’s market capitalization of EV increased 9 times and that of semiconductor maker Nvidia 2 times.

Among Chinese companies, the major stocks, such as Internet service provider Tencent, increased by 56% and Alibaba group by 25%, increased the market capitalization at the same time.