Taiwan Overtakes India to Become World's Fifth Largest Stock Market

Foreign Portfolio Investors (FPIs) have been reducing their exposure to India since October 2024, because of factors including the absence of AI capabilities, slower earnings growth and rich valuations compared to its peers.

The Wire Staff

taiwan overtakes india to become world s fifth largest stock market

Representative image: Photo: Unsplash

New Delhi: Taiwan has overtaken India to become the fifth biggest market in terms of stock market value. On Monday (May 25), Taiwan’s market capitalisation stood at $ 4.95 trillion ($4952.22 billion), overtaking India's $4.92 trillion ($4920.51 billion), reported Economic Times.

At present, the United States, China, Japan, and Hong Kong are the markets which are ahead of Taiwan.

South Korea is ranked after India as the seventh largest market with a market capitalisation of $ 4.54 trillion ($4544.42 billion).

Massive surges of 52% and 69% were seen for Taiwan and Korean market values in 2026, owing to a strong global investor appetite for AI-related companies with robust semiconductor supply chains and manufacturing expertise.

On the other hand, Foreign Portfolio Investors (FPIs) have been reducing their exposure to India since October 2024, because of factors including the absence of AI capabilities, slower earnings growth and rich valuations compared to its peers.

The Taiwan Semiconductor Manufacturing Company (TSMC), which is the world's largest chip foundry, has seen a whopping 45% jump, one of the major factors which fuelled the country’s market to surpass India.

Similarly, the run-up in South Korea has been fuelled by Samsung Electronics and SK Hynix.

This article went live on May twenty-seventh, two thousand twenty six, at seventeen minutes past twelve at noon.

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