Companies trading on the London Stock Exchange 2023, by industry

As of December 2023, the number of companies trading on the London Stock Exchange stood at 1,977. These companies had a combined market capitalization of over 3.5 trillion British pounds and over 500,000 daily average trades. Seen as the heart of the global financial community, it may not be surprising that the London Stock Exchange was home to a total of 565 financial companies at the end of 2023, the largest number of any category. 

Market capitalization

Market capitalization is the outstanding value of a company's shares and is often used to measure the size of a company and investors interest in a given enterprise. Market capital is calculated by multiplying the number of shares outstanding by the value of one share. 

Finance sector
In terms of market capitalization, the largest financial company on the LSE was the UK headquartered bank HSBC Holdings Plc. The total market value of financial companies trading on the LSE totaled over 848.6 billion British pounds in December 2023.