The combined market capitalisation (mcap) of the top 25 banks globally rose 5.4 per cent quarter-on-quarter (Q-oQ) during April-June 2024 (Q1 FY25) at $4.11 trillion, driven by favourable global economic signals, suggests a recent note by GlobalData, a London-based data analytics firm.
China Construction Bank (mcap of $187.6 billion at the end of June quarter) and HDFC Bank (mcap of $154.4 billion) stocks recorded over 15 per cent growth in the recently-concluded quarter, GlobalData said.
However, TD Bank (of the US) saw a decline of nearly 10 per cent in market value during the period under review.
JPMorgan Chase, with a growth of 0.7 per cent in mcap to $580.8 billion, retained its position as the most-valuable bank globally for the ninth consecutive quarter, the report said, reflecting resilient performance amid evolving economic landscapes.
この記事は Business Standard の July 13, 2024 版に掲載されています。
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この記事は Business Standard の July 13, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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