Stock exchanges have been operating worldwide for many decades. They are specific financial institutions or marketplaces that operate to let people and companies invet in various stocks and other securities. Those are the stocks issued by various companies representing various industries - from mining to services. These days, you can invest in stocks, indexes, bonds, options, and other securities.
At the same time, financial experts use market cap information to analyze the investment potential of certain stocks and even more. Apparently, if the market cap of a certain exchange grows, this means positive changes within the economy of the country the exchange belongs to. On the contrary, negative changes in the market cap may indicate an economic recession in the area.
Masterforex-V experts have come up with a rating of 60 bigest stock exchange of the world in terms of market capitalization. On top of that, they report that the total market cap of those 60 stock exchanges has grown more than 10% over the last 8 weeks - from 75 trillion dollars all the way up to 83 trillion dollars.

When evaluating the rating, we should keep in mind, however, that the pace of market cap growth dropped by almost 50% over the reporting period. Another big thing to keep in mind is the fact that for the first time in history, a Hong Kong exchange entered the top 5 by ousting Euronext and making it drop down to number 6.
TOP5:
NYSE (23 211 billion dollars)
NASDAQ (11 218 billion dollars)
Tokyo Stock Exchange (5 608 billion dollars)
Shanghai Stock Exchange (5 013 billion dollars)
Hong Kong Stock Exchange (4 307 billion dollars)
On top of that, studying the market cap dynamics for stocks exchanges makes it possible to figure out the most popular economies to invest in. these are the 18 stock exchanges with the market cap growth above the average:

Also, we can see that some stock exchanges start losing the pace of their market cap growth as investors start withdrawing their investments. Those are the stock exchanges located in Qatar, Morocco, Tunisia, Oman, Nigeria, Brazil, Argentina, Ukraine, Luxembourg, Chile. Some economies stayed without investments, with market cap changes under 1% - Ireland, Kazakhstan, Norway, Spain .