Country or area	Name	Total market capitalization in millions of US dollars	Market capitalization as a percentage of GDP	Turnover		Number of trading days	Index			Price/ earnings ratio	Number of companies
				Volume of shares (millions)	Value of (millions US dollars)		1990 (average)	1996 (average)	1998 a,b
Australia	Australian Stock Exchange	312,813	71	81,560	146,235	254	1,280	2,425	2,656	18.60	1190
Bangladesh	Chittagong Stock Exchange c	1,038	3	66 d	79 e			295		12.54	131
China	Shenzhen Stock Exchange	145,120	21	19,277 e	51,843	276 e		342	386	10.16	123
Hong Kong, China	Stock Exchange of Hong Kong	445,637	287	587,279	181,069	249	3,027b	11,646 b	9,287	16.69	583
India	All stock markets f	97,976	32	8,000	21,897			1,365			6480
Indonesia	Surabaya Stock Exchange	82,173	36	2,148	1,817	249	223	569	426		246
Iran (Islamic Rep. of)	Tehran Stock Exchange f				249						124
Japan	Tokyo Stock Exchange	3,011,161	65	100,170	938,822	247	28,826 b	21,101 b	15,524		1833
Malaysia	Kuala Lumpur Stock Exchange	306,164	308	53,111	178,011		544 b	1,142 b	516		565
Nepal	Nepal Stock Exchange			3	4						89
New Zealand	New Zealand Stock Exchange	38,479	63	6,685	21,343			1,571 g	2,073		290
Philippines	Manila Stock Exchange h	39,309	72	342,849	3,127	250		826 b,g	560		180
Republic of Korea	Korea Stock Exchange	139,122	29	93,425	177,506	293	747	833	400	19.40	760
Singapore	Stock Exchange of Singapore I	150,044	176	37,135	60,255		1,108 b	1,783 b	1,175		234
Sri Lanka	Colombo Stock Exchange I	2,391	13	206	331	241		702	620	12.50	239
Taiwan Province of China	Taiwan Stock Exchange I	273,608	98	350,739	478,356		6,679 b	6,031 b	7,819		382
Thailand	Stock Exchange of Thailand I	96,697	52	29,902	51,397		821 b	575 b	356	6.59	431
Turkey	Istanbul Stock Exchange j			27,750	1,850			10,598	53,051	10.60	228

Sources:Annual reports and fact books of the respective stock markets, Reuters Information Service

a Average to end of October.
b Data from Reuters.
c Data from 1998.
d Data for June 1998 multiplied by twelve.
e Data for March 1995 multiplied by twelve.
f Data from 1994.
g Year 1997.
h Year 1993.
i. Year 1995.
j Figures are calculated using data from graphs in the 1996 stock market report.