⚡Taiwan Overtakes India To Become World’s 5th Largest Stock Market
Taiwan’s stock market value rose to $4.95 trillion, surpassing India’s $4.92 trillion, according to Bloomberg data. The surge was driven mainly by a sharp rally in Taiwan Semiconductor Manufacturing Company (TSMC), which now makes up over 42% of Taiwan’s benchmark index.
The US remains the largest market at $77.96 trillion, followed by China ($15.57T), Japan ($8.67T) and Hong Kong ($7.26T). Taiwan is now ranked 5th globally, ahead of India.
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