# Taiwan's equity market has overtaken Canada's to become the world's sixth largest.

*semiconductor · news · 2026-04-29 · Moneycontrol*

## Key points

- Taiwan's equity market is now the world's sixth largest, surpassing Canada.
- Taiwan-listed companies' market cap surged over 35% in 2024 to $4.47 trillion.
- TSMC alone comprises nearly 45% of Taiwan's equity benchmark and reached $1.8 trillion in value.
- Canada's equity market grew just 5% to $4.44 trillion, lagging Taiwan significantly.

**Companies:** Taiwan Semiconductor Manufacturing Co.
**Countries:** Taiwan, Canada

[Read the full story on Moneycontrol](https://www.moneycontrol.com/news/business/markets/tsmc-effect-taiwan-overtakes-canada-to-become-the-world-s-6th-largest-stock-market-13902584.html)

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