In particular, this refers to the explosive growth of publicly traded property companies called real-estate investment trusts (REITs) which have soared in market capitalisation from $9 billion in 1990 to $147 billion.REITs are likely to be a force for stability in the property market because they tend to be much bigger than traditional private-property businesses.
Ten years later, just after Pepsi had surpassed Coca-Cola in market capitalisation for the first time in their 108-year rivalry, the same magazine ran another big story on the cola giants.
Pfizer, a drug giant, rivals Microsoft in market capitalisation, and the two are exceeded in size only by General Electric.
The equity boom has led to a phenomenal rise in shareholding and a sixfold increase in stockmarket capitalisation since 1990.
But, in recognition of London's dominance in market capitalisation, Euronext offered the LSE a 50/50 ownership split (as it will have in iX).
0.068 0.154 0.018 0.1798 0.179 % positive 88.33 87.04 44.44 69.09 69.09 % significant 18.52 35.19 27.78 0 0 Time series regression of daily proportional changes of individual stocks liqudity measures on daily proportional changes in market capitalisation weighted average liquidity for all stocks in the TSX60.
Rival Microsoft is worth $260bn and in 1999, at the peak of the dotcom boom, reached $619bn in market capitalisation.
Samsung Electronics, for instance, leads the world in memory chips and, among Asian manufacturers, is second only to Toyota in stockmarket capitalisation, having recently overtaken Japan's best-known electronics brand, Sony for which, incidentally, it makes all its large flat-panel televisions.
Coca-Cola Amatil is a $9bn business in market capitalisation.
