Market cap of world's largest companies hits new high in H1: EY

BERLIN, July 2 (Xinhua) -- The stock market value of the world's 100 largest publicly traded companies rose by 17 percent in the first six months (H1) of 2024, reaching a record high of 42.3 trillion U.S. dollars, according to a study published by consulting firm Ernst and Young (EY) on Tuesday.

The study highlighted a "record chase" on stock markets, driven primarily by companies in the technology sector benefi