Taiwan’s Stock Market Outpaces Canada, Claiming Sixth Place Globally
9 hour ago / Read about 0 minute
Author:小编   

Propelled by robust demand for artificial intelligence (AI)-related stocks and a significant surge in the market capitalization of Taiwan Semiconductor Manufacturing Company (TSMC), Taiwan’s stock market has surpassed Canada’s, now ranking as the sixth largest in the world. This year, the aggregate market capitalization of listed companies in Taiwan has expanded by over 35%, reaching US$4.47 trillion. In contrast, Canada’s market capitalization has seen a more modest increase of approximately 5%, totaling US$4.44 trillion. Notably, TSMC commands nearly 45% of the local stock market benchmark index, with a staggering market capitalization of US$1.8 trillion.