WORLD MARKETS

By: Raheel Javed

World GDPs

Countries GDP Percentage

USA $12,980,000,000,000 20%

China $10,000,000,000,000 15%

Japan $4,220,000,000,000 6%

India $4,042,000,000,000 6%

United Kindgom $1,903,000,000,000 3%

Canada $1,165,000,000,000 2%

Australia $666,300,000,000 1%

Saudi Arabia $374,000,000,000 1%

UAE $129,400,000,000 0%

Kuwait $52,170,000,000 0%

Bahrain $17,700,000,000 0%

World $65,139,705,540,000 45%

United States of America The Standard & Poor’s 100 index is a Capitalization weighted index

based on 100 capitalized stocks for which options are listed.

The index was developed with a base value of 50 as of January 2, 1976.

Market Capitalization of US$ 4,980,377 Mln

The index has a multiple of 21.33

USA – Top Companies

Company % Weight

Exxon Mobil Corp 7.205

General Electric Co 4.122

Microsoft Corp 3.234

Chevron Corp 3.143

AT&T Inc 3.048

Procter & Gamble Co 2.986

Johnson & Johnson 2.842

International Business Machines Corp 2.552

Apple Inc 2.313

ConocoPhillips 2.184

33.629

USA – Top Sectors

Sector % Weight in index

Oil&Gas 16.14

Computers 7.74

Telecommunications 7.13

Diversified Finan Serv 6.65

Miscellaneous Manufacture 5.74

Healthcare - Products 5.38

Retail 5.09

Banks 5.09

Pharmaceuticals 5.08

Software 4.52

68.55

Britain The London Stock Exchange, founded in 1801, is one of the largest

stock exchanges in the world, with many overseas listings as well as British companies. The LSE is part of the London Stock Exchange Group plc.

More than 2,800 companies worth over US$ 3400 Bn The FTSE 100 Index is a share index of the 100 most highly

capitalized companies listed on the London Stock Exchange. The index began on 3 January 1984 with a base level of 1000; the highest value reached to date is 6950.6, on 30 December 1999.

The constituents of the index are determined quarterly; the largest companies in the FTSE 250 Index are promoted if their market capitalization would place them in the top 90 firms of the FTSE 100 Index.

Britain – Top 10 Companies

Name Sector % Weight

BP PLC Oil &Gas 8.155

HSBC Holdings PLC Banks 7.089

Vodafone Group PLC Telecommunications 6.215

Royal Dutch Shell PLC Oil &Gas 5.473

GlaxoSmithKline PLC Pharmaceuticals 4.734

Rio Tinto PLC Mining 4.277

Royal Dutch Shell PLC Oil & Gas 4.213

Anglo American PLC Mining 3.341

BG Group PLC Oil &Gas 3.282

BHP Billiton PLC Mining 3.008

49.787

Japan The Tokyo Stock Exchange, or TSE, located in Tokyo,

Japan, is the second largest stock exchange market in the world by market value, second only to the New York Stock Exchange.

It currently lists 2,271 domestic companies and 31 foreign companies, with a total market capitalization of over US$ 5 trillion.

London Stock Exchange and Tokyo Stock Exchange are developing jointly traded products and share technology, marking the latest cross-border deal among bourses as international competition heats up.

TOPIX 100 is traded at a multiple of 16.19.

Japan-Top Companies

Name % Weight

Toyota Motor Corp 6.032

Mitsubishi UFJ Financial Group Inc 4.992

Nintendo Co Ltd 3.209

Canon Inc 3.108

Sumitomo Mitsui Financial Group Inc 3.05

Honda Motor Co Ltd 2.901

Mizuho Financial Group Inc 2.734

Mitsubishi Corp 2.495

Sony Corp 2.41

Matsushita Electric Industrial Co Ltd 2.309

33.24

Japan-Top Sectors

Sector % Weight

Banks 12.63

Auto Manufacturer 11.62

Distribution/ Wholesale 6.51

Telecommunications 5.32

Home Furnishings 4.72

Pharmaceuticals 4.36

Electronics 4.20

Iron/ Steel 4.11

Transportation 3.93

Office/Business Equip 3.70

61.11

India The Bombay Stock Exchange Limited, popularly called The Bombay

Stock Exchange, or BSE is the oldest stock exchange in Asia.

On 31 December 2007, the equity market capitalization of the companies listed on the BSE was US$ 1.79 trillion, making it the largest stock exchange in South Asia and the tenth largest in the world.

There are over 4,700 listed Companies The equity shares of 100 companies from five major stock exchanges;

Mumbai, Calcutta, Delhi, Ahmadabad and Madras have been selected for the purpose of compiling the BSE National Index (BSE100).

A free float weighted index

India- Top Companies

Name % Weight

Reliance Industries Ltd 11.38

Infosys Technologies Ltd 6.06

ICICI Bank Ltd 4.99

Larsen & Toubro Ltd 4.29

Bharti Airtel Ltd 3.49

ITC Ltd 3.48

Housing Development Finance Corp 3.42

Tata Steel Ltd 2.69

Oil & Natural Gas Corp Ltd 2.59

Reliance Communications Ltd 2.39

44.78

China The CSI 300 is a capitalization-weighted stock market index

designed to replica the performance of 300 stocks traded in the Shanghai and Shenzhen stock exchanges.

The Shanghai and Shenzhen stock exchanges list more than 1,200 companies with a combined market capitalization of US$500 billion (2005)

Most of the companies within this market belong to listed company in which the Chinese government maintains controlling interest.

The index is compiled by the China Securities Index Company, Ltd CSI 300 is traded at a multiple of 19.90

China - Top Companies

Name % Weight

Ping An Insurance Group Co of China Ltd 5.468

China Merchants Bank Co Ltd 4.371

Citic Securities Co Ltd/China 3.557

China Petroleum & Chemical Corp 3.261

China Shenhua Energy Co Ltd 2.87

Shanghai Pudong Development Bank 2.735

Bank of Communications Co Ltd 2.663

China Minsheng Banking Corp Ltd 2.438

Industrial Bank Co Ltd 2.312

China Vanke Co Ltd 1.955

31.63

China – Top Sectors

Name % Weight

Financial Services 37.19

Materials 15.25

Energy 12.84

Industrial 11.82

Construction 7.14

Utilities 6.50

Consumer Staples 4.74

Info Technology 3.11

Health Care 0.78

Telecom 0.64

100

Canada The Toronto Stock Exchange is the largest stock exchange in

Canada, the third largest in North America and the seventh largest in the world by market capitalization. A broad range of businesses from Canada, the United States and other countries are represented on the exchange.

The TSX is a leader in the mining and oil & gas sector. More mining and oil & gas companies are listed on the TSX than any other exchange in the world.

TSX is home to over 1340 companies representing a total market capitalization of over US$1.8 trillion.

The S&P/Toronto Stock Exchange Composite Index is a capitalization weighted index designed to measure market activity of stocks listed on the TSX.

Canada – Top Companies

Name Sector % Weight

EnCana Corp Oil&Gas 4.617

Potash Corp of Saskatchewan Chemicals 4.525

Royal Bank of Canada Banks 3.961

Research In Motion Ltd Telecommunication 3.908

Canadian Natural Resources Oil&Gas 3.632

Manulife Financial Corp Financial Services 3.56

Suncor Energy Inc Oil & Gas- Alt Sources 3.53

Toronto-Dominion Bank Banks 3.395

Bank of Nova Scotia Banks 3.059

Barrick Gold Corp Mining 2.695

36.882

Australia The ASX began as separate state-based exchanges established as

early as 1861. Today trading is all-electronic and the exchange is a public company, listed on the exchange itself.

The major market index is the S&P/ASX 200, an index made up of the top 200 shares in the ASX.

While the ASX regulates other listed companies listed on the ASX, it cannot regulate itself, and is regulated by the Australian Securities and Investments Commission (ASIC).

The three largest sectors by market cap are financial services (34%), commodities (20%) and listed property trusts (10%).

Market Capitalization of over US$ 1.2 trillion.

Australia – Top Companies

Name % Weight

BHP Billiton Ltd 13.50

Commonwealth Bank of Australia 5.44

Telstra Corp Ltd 4.39

National Australia Bank Ltd 4.20

Westpac Banking Corp 3.62

Australia & New Zealand Banking Group Ltd 3.53

Rio Tinto Ltd 3.50

Woodside Petroleum Ltd 2.84

Woolworths Ltd 2.83

Westfield Group 2.77

46.62

Saudi Arabia Tadawul is the only stock exchange in Saudi Arabia.

It is the eleventh largest in the world.

The Capital Market Authority supervises the exchange.

It lists 115 publicly traded companies (as of April 30th 2008).

Market Capitalization of US$ 476 Bln.

TADAWUL ALL SHARE Index has a multiple of 21.53

Saudi Arabia-Top Companies

Name % Weight

Saudi Basic Industries Corp 14.715

Al Rajhi Bank 9.504

Samba Financial Group 5.551

SAFCO 3.906

Banque Saudi Fransi/ fund 3.408

Saudi Telecom Co 3.015

Arab National Bank 2.909

Riyad Bank 2.866

Alinma Bank 2.712

Saudi British Bank 2.596

51.182

Saudi Arabia – Top Sectors

Name % Weight

Banks 33.36

Petroleum 31.81

Telecommunication 6.35

Cement 6.26

Real Estate 4.64

Agriculture 4.06

Building 3.55

Energy 2.01

Industrial 1.88

Transport 1.44

95. 35

United Arab Emirates Dubai Financial Market was established as a public institution

having its own independent corporate.

The Market commenced operations on 26th March 2000.

There are 59 Listed Companies.

DFM will continue to attract companies as part of its strategy to offer diversified options that meet demand of investors.

The market capitalization of Dubai Financial Market is over US$ 136 Bln

UAE – Top Companies

Sector % Market Cap

Banks 35.10

Realest. & Construction 23.89

Invest. & Fin. Services 20.66

Materials 6.21

Transportation 6.08

Telecommunication 4.68

Insurance 2.46

Utilities 0.62

Consumer Staples 0.30

100.00

Kuwait The Kuwait Stock Exchange (KSE) is the national stock market of

The State of Kuwait. In October 1962 a law was passed to organize the country's stock market.

The Kuwait Stock Exchange is also among the first and largest stock exchanges in the Gulf region, and is now gaining prominence as one of the most potentially important in the world.

Market Capitalization of US$ 208,649 Mln KUWAIT SE WEIGHTED Index measures the performance of all

companies listed at the Kuwait Stock Exchange.

Kuwait – Top Companies

Company Sector % Weight

Mobile Telecommunications Co KSC Telecommunication 11.643

Kuwait Finance House Investment Companies 9.031

National Bank of Kuwait Banks 8.309

National Industries Group Holding Investment Companies 3.606

Commercial Bank of Kuwait Banks 3.075

Gulf Bank KSC Banks 2.723

Public Warehousing Co KSC/The Logistics 2.575

Kuwait Investment Projects Co Investment Companies 2.122

Al Ahli Bank of Kuwait Banks 2.091

Ahli United Bank Banks 2.033

47.208

Bahrain The Bahrain Stock Exchange (BSE), was established in 1987. Currently, there are 50 companies listed on the exchange. The BSE operates as an autonomous institution supervised by an

independent Board of Directors, chaired by the Governor of the Central Bank of Bahrain.

Currently, foreigners can purchase, own or sell bonds, units of mutual funds, and warrants of domestic joint-stock companies. There are ten companies that are completely open to foreign investors; Arab Banking Corporation, Arab Insurance Group, Ahli United Bank, Al Baraka Banking Group, Bahrain Middle East Bank, Ithmaar Bank, Investcorp Bank, Bahrain Shamil Bank, Al Salam Bank, and TAIB Bank.

Market Capitalization of US$ 30 Bln. BHSE ALL Share Index is an index of all Bahraini public share

holding companies listed on BSE.

Bahrain – Top Companies

Company % Weight

Ahli United Bank 18.575

Gulf Finance House EC 10.663

Bahrain Telecom Co 10.203

Investcorp Bank BSC 7.371

Arab Banking Corp/Bahrain 6.793

Albaraka Banking Group 5.865

United Gulf Bank 5.792

National Bank Of Bahrain 5.578

Ithmaar Bank BSC 5.378

BBK 5.142

81.36

Bahrain – Top Sectors

Companies % Weight

Banks 54.26

Diversified Finan Serv 25.44

Telecommunications 10.20

Real Estate 2.68

Insurance 1.77

Lodging 1.26

Investment Companies 0.97

Distribution/Wholesale 0.82

Engineering&Construction 0.75

Leisure Time 0.53

98.67