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There are also relatively few companies listed on local stock markets: replica Montblanc, 49 on the Bahrain Stock Exchange and 44 on the Qatar Exchange. Those figures put them in the same league as the Stock Exchange of Mauritius, which has replica Omega listings, and the Budapest Stock Exchange, which has 46. In terms of market capitalization, the Qatar Exchange, the largest of the three centres' stock markets, rose in value fromreplica Panerai at the end of 2000 to almost $88 billion by the end of 2009. Yet even at that level it was only just larger than the Philippine Stock Exchange, which had a total market capitalization of replica Patek Philippe on December 31 2009. In terms of the value of shares traded, the DFM leads the three, with $47.2 billion-worth of shares traded last year -- a figure that puts it slightly behind the Vienna Stock Exchange, which had $47.9 billion-worth of shares traded across its market in 2009. But it is not necessary to go as far as Europe to find more active markets.