Dynamics of development of the global stock market

Dobrynina Lіudmyla
Candidate of Economic Sciences, Senior Lecturer, Department of Financial Management and Stock Market, Odesa National Economic University, Odesa, Ukraine, E-mail:lydmilad35@gmail.com, ORCID: https://orcid.org/0000-0002-0685-1741

Received: 09.04.2025    Аpproved: 24.04.2025    Рublished online: 12.05.2025

Cite this article:

Dobrynina L. (2025) Dynamics of development of the global stock market. Ed.: V.V. Kovalenko (ed.-in-ch.) and others [Dynamika rozvytku svitovogo fondovogo rynku.: V.V. Kovalenko (gol. red.)], Scientific Bulletin of the Odesa National Economic University (ISSN 2313-4569), Odesa National Economics University, Odesa, No. 4 (329), pp.55-61.

Abstract

The global securities market is a key element of the global financial system, providing capital mobilization and an indication of the state of economies. In the context of innovative transformations and digitalization, the study of its dynamics and infrastructure is extremely relevant. The purpose of the study is a comprehensive analysis of the dynamics of the global stock market, identifying key trends, patterns of functioning, and identifying key influencing factors. The work uses systems analysis methods to study the market as an interconnected system, as well as synthesis and comparison methods to summarize data and compare indicators. The dynamics of the development of the global securities market are analyzed and the activities of the world's largest stock exchanges, which are undergoing significant changes under the influence of technology, are assessed. The central aspect of the study was the analysis of the dynamics of the total market capitalization of international stock markets by major geographical segments (America, Asia-Pacific, Europe) over the past five years, which made it possible to assess their relative scale and growth rates. Additionally, an analysis of the latest scientific publications was conducted to identify current trends and problems. The practical significance of the results lies in the possibility of their use by investors to make informed investment decisions, by financial analysts to improve predictive models, by stock exchange management to strategically develop infrastructure, and by regulatory authorities to formulate effective policies. Understanding the dynamics of the market and its infrastructure is critically important for all participants in financial relations, contributing to the effective mobilization of resources and economic growth.

Keywords

world stock market, capitalization, virtualization, stock exchange.

JEL classification:E 440; F 290; G 190;DOI: https://doi.org/10.32680/2409-9260-2025-4-329-55-61

UD classification:336.761 : 339.9(045)

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