# The shift occurred on Thursday.

*business · news · 2026-04-23 · MarketScreener*

## Key points

- Taiwan briefly surpassed the UK in total stock market capitalization, reaching $4,130bn versus $4,090bn.
- TSMC alone accounts for 45% of Taiwan's market cap and has a valuation of $1,675bn.
- More capital was raised on the Angolan stock exchange than in London over the first nine months of 2025.
- The UK market faces a decline due to few IPOs, with only 22 in 2025.

**Companies:** TSMC, AstraZeneca, HSBC
**Countries:** Taiwan, United Kingdom, South Korea

[Read the full story on MarketScreener](https://www.marketscreener.com/news/taiwan-is-a-small-country-but-not-on-the-markets-ce7f59dad88ef126)

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