The World Stock Market consists of all the Stock Markets spread around the globe. These are places where the fortunes of Companies which are publicly traded as well as common investors are made. The World Stock Market is very much significant to maintaining the balance of world economy by not only stabilizing the Stock Markets in developed nations but also helping in the expansion of those in the developing countries.
The World Stock Market similar to local or regional Stock Markets assist in:
raising capital for business organizations besides government projects aimed at development
providing small investors with opportunities to invest
aiding the growth of business organizations
enhancing savings for investment
redistribution of wealth through capital gains and dividendsSome Global Indexes (indices) of the World Stock Market including macroscopic multinational companies which are not governed by any particular nation or type of business are:
BBC Global 30 MSCI World S&P Global 100 S&P Global 1200 FTSE CNBC Global 500 Russell Global 10000 (launched 17/01/07)
The World Stock Market is undergoing an electronic transformation with the introduction of all Electronic Communications Networks, or ECNs in share markets to enhance the quick completion of transactions thereby increasing the efficiency of the entire system.
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Professor of Economics & Director of the Earth Institute at Columbia University. Special Adviser to the UN Secretary-General on the Millennium Development Goals. Founder & co-President of the Millennium Promise Alliance.
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