Taiwan Overtakes India With $4.95 Trillion Stock Market as TSMC Rally Lifts It to No. 5
Updated
Updated · Bloomberg · May 26
Taiwan Overtakes India With $4.95 Trillion Stock Market as TSMC Rally Lifts It to No. 5
2 articles · Updated · Bloomberg · May 26
$4.95 trillion in market capitalization put Taiwan ahead of India’s $4.92 trillion as of Monday, making the island the world’s fifth-largest stock market.
TSMC’s breakneck share rally drove the move, underscoring how heavily Taiwan’s market value is concentrated in the world’s largest contract chipmaker.
Only the US, mainland China, Japan and Hong Kong now rank above Taiwan by stock market value, highlighting how a semiconductor-led surge reshaped the global market pecking order.
Is Taiwan's tech-fueled market surge a sustainable triumph or a fragile bubble in a high-risk region?
As India's market stumbles on oil fears, is its broad economy more resilient than Taiwan's tech monolith?