Sixth Consecutive Monthly Gain in World Stock Value

Sep.14.09 | About: iShares MSCI (EFA)

As stock markets around the world gained ground last month, the total world stock market capitalization increased by $2.26 trillion in August, according to preliminary data from the World Federation of Exchanges. The August gain follows increases of $1 trillion in March, $3.59 trillion in April, $3.82 trillion in May, $600 billion in June, and $2.84 billion in July and is the first time in two years of six consecutive monthly advances in world stock market value.

The cumulative six-month gain of $14.145 trillion in world stock market capitalization brings the value of world equities up to $42.815 trillion in August, the highest level since September 2008, and marks a 49% increase from the February bottom (see chart above).