After Taiwan, South Korea Overtakes India As World's Sixth Largest Stock Market

South Korea has surpassed India to become the world’s sixth-largest equity market, supported by a sharp rally in semiconductor stocks fuelled by the global artificial intelligence (AI) boom.

The total market capitalisation of listed companies in South Korea has jumped around 86 per cent so far this year to nearly $5 trillion. On the other hand, India’s market value has eased to about $4.84 trillion over the same period, according to Bloomberg data.