Taiwan stock market value jumps to fourth in the world, TSMC hits record high
Quick Look
- According to MarketCapWatch statistics, the total market value of Taiwan's stocks is approximately US$5.3 trillion, ranking it as the fourth largest stock market in the world, second only to the United States, China and Japan.
- Taiwan stocks have strengthened recently, with the weighted index once breaking through 48,000 points.
- TSMC’s intraday share price rose 1.42%, temporarily trading at 2,495 yuan.
AI-generated summary
Why It Matters
The market value of Taiwan stocks is affected by exchange rates, foreign capital inflows and the performance of technology stocks. Recently, TSMC has driven the strength of weight stocks, coupled with the weakening of the US dollar exchange rate, which is beneficial to the return of capital in emerging markets.
MarketCapWatch rankings show that Taiwan’s stock market value has recently climbed to the fourth largest in the world. (French information photo)
[Finance Channel/Comprehensive Report] According to the latest statistics from MarketCapWatch, the total market value of Taiwan's stocks is approximately US$5.3 trillion, ranking fourth in the world, surpassing markets such as India and the United Kingdom; the United States remains the world's largest stock market with approximately US$82.7 trillion.
MarketCapWatch rankings show that the top five global stock market capitalizations are the United States (approximately US$82.7 trillion), China (approximately US$21.23 trillion), Japan (approximately US$8.6 trillion), Taiwan (approximately US$5.3 trillion) and India (approximately US$4.95 trillion).
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Ranking 6 to 10 are the United Kingdom (approximately US$4.88 trillion), South Korea (approximately US$4.55 trillion), Canada (approximately US$4.44 trillion), France (approximately US$3.09 trillion), and Germany (approximately US$3.01 trillion).
It is worth noting that the Taiwan stock market has fluctuated significantly since September, but has clearly strengthened recently. The Taiwan stock market once reached 48,601.53 points in intraday trading on the 22nd, setting a new historical high. Subsequently, under the selling pressure before the Mid-Autumn Festival, it rose 81.33 points to close at 47,800.17 points, with a trading volume of 1.07 trillion yuan.
Taiwan stocks continued to be strong in early trading today (23rd). After the weighted index opened higher, the gain once expanded to more than 500 points, breaking through 48,300 points. The intraday high once hit 48,341.56 points. At around 11:12 Taipei time, the index rose 322.25 points, or 0.67%, to temporarily trade at 48,122.42 points.
Among them, TSMC (2330), the largest value stock, opened at 2,475 yuan today, with an intraday high of 2,505 yuan. As of around 11:12 Taipei time, the price was 35 yuan, up 1.42%, and was temporarily quoted at 2,495 yuan.
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What to Watch
AI outlook — possibilities, not facts
Taiwan stocks will maintain a range above 48,000 points in the short term
Likely · Within weeks
TSMC stock price has the opportunity to challenge the 2,500 yuan level
Possible · Within weeks
Open Questions
- Can Taiwan’s stock market maintain its fourth ranking in the world?
- Will foreign capital continue to flow into Taiwan's stock market?
- What are the subsequent trends in TSMC’s corporate transactions?
