Korea ranks 14th in terms of global market cap

한국증시 시가총액 세계 14위…6개월 새 한 계단 상승 There was mixed performance in the global stock market in the first half of this year. But Korea managed to fare relatively well,... moving up a notch in its global market cap ranking. Kim Min-ji has more. Despite uncertainties at home and abroad,... Korean shares are faring better in comparison to that of other countries. According to Korea Exchange,... the country's market cap stood at 1-point-2-6 trillion dollars as of the end of June -- up 2-point-3 percent from the end of last year. Making up 1-point-9 percent of the global market cap,... that puts Korea in 14th place,... climbing one notch in just six months. During the same period,... the global market cap fell 1-point-3 percent to 66-point-3 trillion dollars. The New York Stock Exchange,... which makes up the largest share of the world's market cap edged up 5-point-2 percent,... on the back of signs of recovery in the U.S. economy. Brazil's stock exchange,... which ranked 20th,... saw its market cap rise over 35 percent,... thanks to a pickup in global oil prices and other commodities. But major economies in Asia and Europe saw their markets shrink,... due to uncertainties stemming from Britain's decision to depart the European Union,... as well as concerns about a possible U.S. rate hike. The Shanghai Stock Exchange shed 17 percent,... while Hong Kong saw its market cap decline 6-point-7 percent,... and Japan's 4-point-3 percent. Jitters were also felt in Europe being more directly exposed to Brexit on top of seeing an overall economic slump on the continent. Germany's market cap fell more than 10 percent,... while the UK also shed over 10 percent. Kim Min-ji, Arirang News. Visit ‘Arirang News’ Official Pages Facebook(NEWS): http://www.facebook.com/newsarirang Homepage: http://www.arirang.com Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld