The combined market capitalization of South Korean firms listed on the main and secondary bourse ranks 13th among global peers, claiming 1.97 percent of the total, data showed Monday.

The combined market cap of the world's 20 major stock markets reached a record high of US$63.39 trillion as of the end of November, increasing 15.9 percent from $54.7 trillion won tallied at the end of 2012, according to the data by the bourse operator Korea Exchange (KRX). The data are based on figures given by the World Federation of Exchange.

The KRX, which operates the benchmark KOSPI and the tech-heavy KOSDAQ markets, saw its market cap edge up 6.03 percent over the cited period to $1.25 trillion.

The market cap of the North and Latin American stock markets, meanwhile, reached $27.77 trillion as of end-November, up from $23.19 trillion a year ago, accounting for 43.81 percent of the total, the data showed.

The Asia-Pacific stock markets, which reported a market cap of $18.52 trillion, accounted for 29.21 percent, coming in ahead of the European stock markets for the fifth consecutive year.

The European stock markets, which encompass the Middle East and Africa, saw their market cap reach $17.10 trillion at the end of November, taking up 26.98 percent of the total, the data showed.

The NASDAQ OMX of the U.S. posted the largest gain of 31.18 percent in market capitalization, followed by the Japan Exchange Group with a 29.72 percent rise, the Deutsche Borse with a 26.85 percent hike and the London SE Group with a 24.81 percent climb, the data showed.

In contrast, the National Stock Exchange India suffered a 13.86 percent decline in its market capitalization over the cited period, and BM&FBOVESPA of Brazil logged a 13.71 percent drop, according to the data. (Yonhap News)