Taiwan Overtakes India With $4.95 Trillion Market Cap as TSMC Rally Lifts It to No. 5

3 articles · Updated · Bloomberg · Jun 12

$4.95 trillion in market value put Taiwan ahead of India’s $4.92 trillion, making the island the world’s fifth-largest stock market.
TSMC’s sharp share rally drove most of the gain, underscoring how heavily Taiwan’s market ranking now depends on the world’s largest chipmaker.
The move leaves Taiwan behind only the US, mainland China, Japan and Hong Kong in global stock market size.
India’s slip in relative value highlights how quickly market leadership can shift when a single heavyweight stock powers one exchange higher.

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