Taiwan surpassed India to become the world's 5th largest stock market by market capitalisation in June 2026, driven by strong gains in technology and semiconductor sectors. India slipped to 6th position with a total market valuation of approximately USD 4.84 trillion at that point. The US remained 1st (USD 79.1 trillion), followed by China, Japan, and Hong Kong.
Economy
Taiwan Surpasses India to Become World's 5th Largest Stock Market by Market Capitalisation
Key Points
- Taiwan surpassed India to become the world's 5th largest stock market by market capitalisation in June 2026, driven by strong gains in technology and semiconductor sectors
- India slipped to 6th position with a total market valuation of approximately USD 4.84 trillion at that point
- The US remained 1st (USD 79.1 trillion), followed by China, Japan, and Hong Kong
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• Global mcap ranking (June 2026): 1st USA (USD 79.1T) → 2nd China → 3rd Japan → 4th Hong Kong → 5th Taiwan → 6th India (USD ~4.84T) • Taiwan's gain driven by tech/semiconductor stocks (TSMC effect) • India later slipped to 7th by June 7-8 as South Korea also overtook
