Summary: The collective market capitalisation
of all GCC bourses fell 1.6 per cent month-on-month to $850.2 billion in August after surging 5.6 per cent in July, Global Investment House, or GIH, said.
The free-float market capitalisation
of the reconstituted Dow Jones Islamic Market World Index increased to $13.48 trillion from $13.30 trillion.
Saudi Arabia has the largest share in GCC market capitalisation
By the end of the period the share price had risen 5%, increasing AOT's market capitalisation
to [pounds sterling]16m.
Following BASF, Pearson and PPG Industries, the largest new components (by free-float market capitalisation
) in the index are Ingersoll-Rand of the US and The Netherlands' Akzo Nobel.
Summary: The combined market capitalisation
of the seven GCC bourses was at $682.6 billion at the end of December 2009.
The share price was stabilised by the subsequent announcement on April 11 that Visa International will use HoloMag[TM] on Visa branded cards worldwide and finished the period at $4.00 (+33%) with a market capitalisation
Also excluded are companies for which the following financial ratios are 33 per cent or more: debt divided by trailing 12-month average market capitalisation
; cash plus interest-bearing securities divided by trailing 12-month average market capitalisation
; and accounts receivables divided by trailing 12-month average market capitalisation
It did not materialise and AOT eventually decided to make substantial cuts in its UK (European) operations to reduce losses, causing its market capitalisation
to halve from [pounds sterling]19m in February to [pounds sterling]9.4m in November 2004 around the time of the second reduction announcement.
The total free-float market capitalisation
of the reconstituted Dow Jones Global Titans 50 Index increased to $5.233 trillion from $5.175 trillion as of 2 June 2009.
The share price responded and by the end of December had increased 16 pence (+63%) improving its market capitalisation
by [pounds sterling]11m to [pounds sterling]22m.
By the end of the period its share price had reached $3.46, an increase of $0.73 (+27%) giving the company a market capitalisation