Taiwan's stock market overtakes Canada
Driven by its role as a global supplier of semiconductors and AI, Taiwan’s tech-heavy market surpassed Canada to become ranked sixth globally.
Taiwan’s equity market has overtaken Canada’s, with its total market capitalization jumping more than 35 per cent this year to $4.47 trillion. Canada’s market grew only about five per cent to $4.44 trillion.
Driven by its role as a global supplier of semiconductors and AI, Taiwan’s tech-heavy market surpassed Canada’s benchmark. Canada’s market is heavily driven by its resource and finance sectors, which have proved volatile amid sustained weak economic growth and unstable commodity prices.
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