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The Economic Times
The Economic Times

Taiwan overtakes India as world's 5th largest stock market

Taiwan India Stock Market Taiwan Semiconductor Manufacturing Co TSMC Artificial Intelligence Semiconductor

Taiwan overtook India in stock market value, powered mainly by a breakneck rally in the world’s largest chipmaker Taiwan Semiconductor Manufacturing Co.

The island’s market capitalization climbed to $4.95 trillion as of Monday, according to data compiled by Bloomberg. India’s value has dropped to $4.92 trillion. Taiwan’s stock market is now the fifth largest in the world, behind only the US, mainland China, Japan and Hong Kong.

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