TSE ranks the best bourse index in Europe, Africa and Middle East in 2010

Performance of the main index for Tehran Stock Exchange (TSE) in 2010 has been ranked the best bourse index in Europe, Africa and Middle East and the second best index among all members of World Federation of Exchanges (WFE).

The WFE is the association of 52 regulated exchanges around the world which develops and promotes standards in markets.

The total index of TSE has reached 21,000 units and the value of it hit US $100 billion, IRNA reported.

Based on WFE report on the conditions of stock exchanges in 2010, the total value of members of WFE at the end of 2010 amounted to US $54.8 trillion, marking a 15 percent increase compared to the corresponding period of the last year, Mehr News Agency reported.

Among the 52 members of WFE, NY Stock Exchange (NYSE) Euronext (America) had the highest value with over US $13 trillion while NASDAQ OMX, Tokyo's bourse, London Stock Exchange Group and NYSE Euronext (Europe) ranked second to fifth, respectively.

The report shows that despite the increase in value of markets after the 2008 crisis, still there is gap of US $6 trillion till the total value of the market in 2007, which stood at $61 trillion.

In comparison of point by point growth of value of WFE members in December, 2010 and December, 2009, Colombo bourse with about 110 percent hike in market value ranked top.

The Philippines, Indonesia, Thailand and China's Shenzhen stock exchanges ranked second to fifth, respectively while TSE, with a growth of over 45 percent, ranked eighth.

The stock exchanges of Athens, Cyprus, Spain and Budapest lost between 40 percent to 80 percent of their value compared to December, 2009 and had the lowest rankings.

The total value of stock trade of WFE members in 2010 reached over US $63 trillion, which is about two percent more than the value of stock trade in 2009.
In this category also NYSE Euronext (America) ranked first with US $17.8 trillion and NASDAQ OMX, Shanghai, Tokyo and Shenzhen stock exchanges ranked second to fifth, respectively.

Based on the same report, the turnover of stock trades of WFE members in 2010 reached about 115 percent of total value of their markets. The value of TSE stock trades in 2010 grew by two percent compared to 2009 and it was ranked 31st.

In 2010, a total of 2,339 new companies were accepted in WFE members. The most successful stock exchanges in absorbing capital in 2010 were NYSE Euronext (America), Hong Kong, Brazil, Shanghai and NYSE Euronext (Europe).

In the section of indices for 2010, stock exchanges of Lima, Colombo and Tehran were the most superior members in the American continent, Asia and Middle East, respectively.

Colombo Stock Exchange had the highest annual growth rate of main indices of stock exchanges among WFE members with 96 percent while stock exchanges of Tehran, Lima, Buenos Aires and Indonesia, ranked second to fifth, respectively.

Meanwhile, the stock exchanges of Bermuda, Athens Cyprus, Spain (Barcelona) and Spain (Madrid) witnessed the highest rate of reduction in the value of their main indices.

Among WFE members, a total of 5,563 Exchange-traded funds (ETFs) were accepted by the end of 2010 whose trade turnover exceeded $6.3 trillion, marking over three percent of decrease compared to the corresponding figure of 2009.

NYSE Euronext (America), NASDAQ, London Stock Exchange Group and German Stock market as well as NYSE Euronext (Europe) accounted for the highest value of trades of ETFs.

Subscribe to Trend in Google News! Subscribe
Georgia releases COVID-19 data for December 1
Georgia releases COVID-19 data for December 1
ADB funding bridge construction in Georgia
ADB funding bridge construction in Georgia
Turkey’s aviation fuel export to Georgia increases
Turkey’s aviation fuel export to Georgia increases
Loading Bars
Latest
Rasht-Astara railway of great importance to Iran - Iranian official
First Kazakhstani president expresses condolences to Azerbaijani president due to military helicopter crash
President Ilham Aliyev calls First President of Kazakhstan Nursultan Nazarbayev
Volume of cargo loaded/unloaded in ports of Iran’s Abadan County soars
Georgia releases COVID-19 data for December 1
UK ambassador views de-mining work in Azerbaijan’s Tartar (PHOTO)
Kazakhstan's revenues from passenger transport via internal waters skyrocket
Azerbaijani oil prices decrease
Interest in dev’t strategy of inland transportation via 'One Belt One Road' growing - analyst
Covishield 63% effective against Covid, 81% against moderate-severe infection: Study
Bodies of Azerbaijani servicemen from fatal helicopter crash, handed over to their relatives (PHOTO/VIDEO)
Russian Embassy expresses condolences to Azerbaijan due to military helicopter crash of State Border Service (PHOTO)
Azerbaijani currency rates for December 1
Uzbekistan reveals its top polyethylene export destinations in 10M2021
Iranian currency rates for Dec. 1
US Ambassador to Azerbaijan expresses condolences for lives lost in crash of military helicopter
Azerbaijan reveals ongoing construction of Shukurbeyli-Jabrayil-Hadrut highway (PHOTO)
Azerbaijani FM to take part in meeting of OSCE FMs
Tesla dominates as EV sales take off in Israel
ADB funding bridge construction in Georgia
Uzbekistan shares domestic COVID-19 data for November 30
SOCAR Turkey intends to boost its activities - CEO
SOCAR Turkey's head talks Petkim goals
Oil rises 1% ahead of OPEC meeting under Omicron cloud
Baku Stock Exchange to hold auction for short-term notes of Central Bank
Azerbaijan provides water supply to liberated Lachin district
Azerbaijan’s export of non-oil products increases
Azerbaijan increases gas export since early 2021
Russian Gazprombank forecasts Azerbaijan's economic growth to recover
Price indexes of financial, trade sectors at Uzbek stock exchange rise
Turkey’s aviation fuel export to Georgia increases
Helicopter crash in Azerbaijan broke our hearts - Selcuk Bayraktar
Bahar Azadi gold coin price again falling in Iran
Government of Uzbekistan approves feasibility study for construction of elevated subway
Russia again surpasses Azerbaijan as top importer of Georgia's potatoes
Kazakhstan adds over 700 new COVID-19 cases in 24h
Russia, Azerbaijan progressively developing co-op in agriculture – Russian ministry
President Erdogan calls for foreign long-term investments in Turkey
Year passes since liberation of Azerbaijani Lachin district from Armenian occupation
Air travelers to U.S. set to face tougher COVID-19 testing
British armed forces to allow people with HIV to enlist
Brazil reports first cases of Omicron variant
U.S. FDA experts narrowly recommend Merck's COVID-19 new drug molnupiravir
WHO warns against blanket travel bans over Omicron coronavirus variant
Turkey confirms 25,216 daily COVID-19 cases
9 injured in refinery fire in north Algeria
UK to offer booster vaccines to all adults by end of January
At least three students dead in Michigan school shooting, suspect in custody
Canada to ban travelers from Nigeria, Malawi, Egypt over Omicron concerns
Uzbekistan reveals leading regions in amount of loans issued in 9M2021
Head of EU delegation expresses condolences to Azerbaijan over military helicopter crash
Italian Embassy expresses condolences to Azerbaijan over military helicopter crash
Georgian economy grows 6.9% in October 2021
Turkish President to pay visit to Qatar in December
Capacity of crashed military helicopter of Azerbaijan's State Security Service was 24 people
Manual counting of 29% of protocols show that 7 parties may enter Kyrgyz Parliament
AZAL plane makes emergency landing in Baku
Pakistan seeking to increase trade routes on border with Iran
UN Resident Coordinator expresses condolences over military helicopter crash in Azerbaijan
Any outside influence as cause of helicopter crash out of question - head of Azerbaijani State Border Service
Coordination Headquarters holds another meeting in Azerbaijan (PHOTO)
Azerbaijan's First Deputy Prosecutor General talks investigation, following helicopter crash
Former Turkish PM expresses condolences over helicopter crash in Azerbaijan
French ambassador expresses condolences over crash of military helicopter in Azerbaijan
UK's Ambassador expresses condolences over crash of military helicopter in Azerbaijan
Organization of Turkic States expresses condolences to Azerbaijan due to helicopter crash
Israeli ambassador expresses condolences to Azerbaijan over helicopter crash
Iranian Foreign Ministry expresses condolences to Azerbaijan over helicopter crash
Helicopter crashed while landing at Garaheybat training center – Azerbaijani State Border Service
Status of martyr to be assigned to those killed in plane crash in Azerbaijan (VIDEO)
Turkish President Erdogan holds phone talks with President Ilham Aliyev
President Ilham Aliyev, First Lady Mehriban Aliyeva give instructions on burial of those killed in helicopter crash
Witnesses of helicopter crash being questioned in Azerbaijan – First Deputy Prosecutor General
Turkish Minister of National Defense expresses condolences to Azerbaijani Defense Minister
Flight recorder of crashed military helicopter found in Azerbaijan
Pakistani companies may partake in restoration of Azerbaijan's liberated territories (PHOTO)
Iran looks to boost its energy trade through Economic Cooperation Organization
Iran's ties with Economic Cooperation Organization to boost country's cargo transit
Azerbaijan excludes any outside interference following deadly helicopter crash
IRENEX shares data on sales of Iranol Oil Company
Gas swap agreement is mutually beneficial for Azerbaijan, Iran and Turkmenistan - experts
ICIEC Signs MOU with Japan's Nippon Export and Investment Insurance (NEXI)
Israel's Bezeq Q3 profit up, raises full year outlook
Iran seeks to boost trade ties with Turkmenistan
Pakistan expects $3 billion reserves deposit from Saudi in days
Iran eyes to commission 12 new metro stations in Tehran
Oxford University says no evidence yet that vaccines won't protect against severe disease from Omicron
SOCAR’s STAR Refinery reduces crude oil imports
Iran remains optimistic about Vienna nuclear talks
FMs of Azerbaijan, Turkey hold phone talk
Turkmenistan's crude oil supplies to Turkey down
Azerbaijan's oil export volume down in 10M2021
Footage from crash scene of military helicopter of Azerbaijan’s State Fire Service (PHOTO/VIDEO)
U.S. Int'l Development Finance Corporation provides financing to Bank of Georgia for SMEs support
Kazakhstan boosts crude oil exports to Turkey
Iran's president to speak before parliament
Kazakhstan increases trade with Turkey over 9M2021
Use of Sputnik Light as booster jab for all vaccines approved in UAE
Cargo transportation via internal waters up in Kazakhstan
Central Bank of Azerbaijan reveals amount of sold foreign currency
All news