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Taiwan Stock Market Surpasses India to Become World's Fourth-Largest by Market Cap
Finance · Investment Banks/Brokers · economic_daily · 2026-09-23
Driven by record-breaking index gains, Taiwan's stock market has reached a total market capitalization of $5.3 trillion, overtaking India to secure the fourth spot globally.
What Happened
Record-Breaking Performance: The Taiwan stock market reached a new milestone today as the benchmark index surged by 357.12 points to close at 48,157.29. This rally reflects robust investor confidence and significant capital inflows into the local market.
Overtaking India: According to real-time data from MarketCapWatch as of September 23, Taiwan's total market capitalization has climbed to approximately $5.3 trillion. This achievement allows Taiwan to surpass India's $4.94 trillion valuation, securing the fourth position in the global rankings.
Global Market Hierarchy: The top three spots in global market capitalization remain held by the United States at $82.7 trillion, China at $21.22 trillion, and Japan at $8.59 trillion. Taiwan now sits ahead of other major economies, including the UK, South Korea, Canada, France, and Germany.
Data Source Insight: MarketCapWatch is a globally recognized platform for tracking real-time capital market data and corporate valuations. The latest rankings underscore Taiwan's growing significance and influence within the international financial landscape.