FEAS Yearbook FEAS Yearbook 2003 | Page 9

FEDERATION OF EURO-ASIAN STOCK EXCHANGES OFFICIAL 2003 STATISTICS STOCKS Total Volume BONDS Average Daily Volume (US$ Millions) (US$ Millions) Jan-03 Feb-03 Mar-03 Apr-03 May-03 Jun-03 July-03 Aug-03 Sep-03 Oct-03 Nov-03 Dec-03 TOTAL 15,865.72 7,484.45 8,857.09 13,552.65 13,114.17 14,133.04 16,285.57 22,733.03 26,468.58 27,466.77 13,472.66 28,896.15 208,329.9 701.94 494.52 440.77 637.12 639.74 670.69 710.29 1,118.43 1,205.74 1,234.69 897.51 1,281.16 845.60 Average Daily Volume Total Volume (# Millions) (# Millions) 3,525,652.30 3,203,394.36 3,314,448.49 5,848,597.69 4,810,845.82 3,217,207.09 2,811,367.51 3,915,395.25 6,284,079.27 9,301,085.97 4,603,710.43 8,393,718.49 59,229,502.7 160,234.35 213,549.45 157,854.95 278,495.23 229,109.42 153,200.93 122,237.77 186,487.71 285,642.68 422,762.75 328,754.31 364,978.98 240,769.97 Total Volume OTHER Average Daily Volume (US$ Millions) (US$ Millions) 11,531.09 8,794.05 11,426.20 12,170.94 12,851.79 11,097.73 16,655.69 15,160.30 15,519.09 20,129.48 15,255.87 20,425.58 171,017.8 529.33 528.26 555.26 575.66 621.52 532.17 724.54 724.89 713.30 915.15 878.56 907.24 685.45 Total Volume Average Daily Volume (# Millions) (# Millions) 1,016.00 1,344.88 1,833.03 3,345.79 2,107.67 3,449.73 4,555.17 4,667.80 2,996.10 4,346.76 6,885.60 8,802.98 45,351.5 Total Volume Average Daily Volume (US$ Millions) (US$ Millions) 48.40 67.29 96.04 152.49 104.95 166.42 198.12 223.06 142.45 197.62 344.34 419.86 180.84 60,295.65 39,946.80 51,157.24 48,939.23 45,583.51 47,329.53 61,954.89 56,513.32 67,497.95 85,802.73 60,366.26 86,881.03 712,268.1 2,741.65 2,488.87 2,439.01 2,329.79 2,171.73 2,253.45 2,694.26 2,691.80 3,069.74 3,900.51 3,546.64 3,786.65 2,849.28 Total Volume Average Daily Volume (# Millions) (# Millions) 123.49 117.12 480.26 176.08 95.01 126.09 143.10 124.02 50.13 253.25 120.34 137.48 1,946.4 5.72 6.68 23.63 9.83 4.97 6.65 6.56 6.46 2.54 13.62 7.16 7.48 8.56 Market Capitalization ( US$ Millions) 119,870.05 120,143.08 114,126.32 129,570.85 137,763.53 141,697.27 153,478.16 162,471.32 164,024.85 169,145.61 176,571.58 200,064.92 5-YEAR STATISTICAL COMPARISON 1999-2003 STATISTICS # companies traded Market capitalization (US$ millions) Total volume (US$ millions-stocks) Total volume (# shares millions-stocks) Average daily volume (US$ millions-stocks) Average daily volume (# shares millions-stocks) Total volume (US$ millions-bonds) Total volume (# millions-bonds) Average daily volume (US$ millions-bonds) Average daily volume (# millions-bonds) Total volume (US$ millions-other) Total volume (# millions-other) Average daily volume (US$ millions-other) Average daily volume (# millions-other) 1999 2000 10,163 9,923 201,963.6 140,009.4 125,927.9 240,513.1 5,871,784.5 11,142,379.1 527.0 977.8 24,872.9 45,295.7 83,917.9 263,005.3 1.1 61.2 342.5 1,047.8 0.05 0.25 589,581.9 886,956.9 0.53 229.6 2,377.3 3,533.7 0.002 0.83 2003 % CHANGE OVER 2001 2002 7,225 7,159 110,666.3 118,968.3 104,004.9 117,912.6 23,976,092.4 34,013,042.2 422.6 470.6 96,695.4 134,977.6 39,863.0 90,246.5 155.5 9,785.7 163.4 358.3 0.73 38.6 627,587.2 486,510.3 202.4 1,085.0 2,500.5 1,923.0 0.76 4.8 2003 7,003 200,064.9 208,329.9 59,229,502.7 845.6 240,770.0 171,017.8 45,351.5 685.5 180.8 712,268.1 1,946.4 2,849.3 8.6 2002 -2.2 68.2 76.7 74.1 79.7 78.4 89.5 363.4 91.3 368.3 46.4 79.4 48.2 79.3 2001 -3.1 80.8 100.3 147.0 100.1 149.0 329.0 29,066.7 319.5 24,587.6 13.5 861.7 13.9 1,019.4 2000 -29.4 42.9 -13.4 431.6 -13.5 431.6 -35.0 73,972.5 -34.6 72,855.3 -19.7 747.8 -19.4 932.8 1999 -31.1 -0.9 65.4 908.7 60.5 868.0 103.8 4,072,339.8 100.1 332,958.4 20.8 364,880.7 19.9 404,008.7 * in millions FEAS REGION VOLUME BY TYPE 2002 2003 16% Bonds 65% Other 17% Stocks 70% Other 19% Stocks Number of Companies Traded vs Market Cap. 13% Bonds 2003-Adjusted Annualized Return on Index (US$ millions) 250,000 12,000 200,000 10,000 8,000 150,000 6,000 100,000 4,000 50,000 2,000 0 0 1999 2000 2001 2002 2003 Market Cap. Companies Traded BSE/Bulgaria ISE 100/Istanbul TEPIX/Tehran CASE 30/Egypt KSE 100/Karachi G.P./Amman GP/Muscat LSE 25/Lahore BET/Romania B.I./Macedonia KSE Index/Kyrgyz Al Quds/Palestine CROBEX/Zagreb Kazakhstan Top-20/Mongolia TRSE/Uzbekistan 205.1 111.4 107.4 76.1 68.2 53.8 42.1 41.3 34.3 29.3 22.8 19.0 18.0 9.6 -23.6 -46.0 * Dhaka SE began publishing its General Index in December 2003. Historical data is not avaliable. * Indices are adjusted for currency fluctuations. (Formula: 1+(return)=((1+%chg. index)/(1+%chg. currency)) FEDERATION OF EURO-ASIAN STOCK EXCHANGES YEARBOOK 2003/2004 PAGE 7