Fact Check: "The cumulative market capitalization of Euronext exceeds 6.6 trillion."
What We Know
Euronext is a major European stock exchange that operates markets across several countries, including France, Belgium, Ireland, Italy, the Netherlands, Norway, and Portugal. As of the end of 2023, Euronext reported that it facilitated trading for nearly 2,000 listed companies, with a cumulative market capitalization of approximately €6.6 trillion (Euronext - Wikipedia, Euronext buys Athens Stock Exchange - ProtoThema English). This figure positions Euronext as a significant player in the global financial markets, particularly in Europe, where it is noted as the largest center for debt and funds listings (Euronext - Wikipedia).
Analysis
The claim that Euronext's cumulative market capitalization exceeds €6.6 trillion is supported by multiple credible sources. The information is consistent across various reports, including the official Euronext website and reputable news outlets. For instance, both the Wikipedia entry and the article from ProtoThema confirm that Euronext operates with a market capitalization exceeding this amount (Euronext buys Athens Stock Exchange - ProtoThema English).
The reliability of these sources is high; Wikipedia is regularly updated and cited by many financial analysts, while ProtoThema is a recognized news outlet that covers economic developments in Europe. Furthermore, the consistency of the €6.6 trillion figure across multiple reports enhances its credibility.
Additionally, Euronext's market capitalization has been corroborated by other financial news platforms, such as Greek Reporter, which also states that the group facilitates trading for approximately 2,000 listed companies with a combined market capitalization exceeding €6.6 trillion (Euronext Bids for Athens Stock Exchange, Signaling Confidence in Greek ...).
Conclusion
The claim that "the cumulative market capitalization of Euronext exceeds 6.6 trillion" is True. The evidence from multiple reliable sources confirms that Euronext's market capitalization is indeed around this figure, reflecting its significant role in the European financial landscape.
