World · 20 April 2026
Taiwan overtakes UK as seventh-largest stock market
Photo by Winston Chen on Unsplash
London's loss of status as a top-tier global equity market now has a concrete number attached. Taiwan overtook the UK on Wednesday as the world's seventh-largest stock market by total value, driven by the AI chip boom. Taiwan-listed companies are now worth $4.14 trillion against the UK's $4.09 trillion, per Bloomberg. TSMC alone accounts for 45% of Taiwan's market value.
Reported by Bloomberg · How we write briefs