South Korea Overtakes India With $5 Trillion Stock Market as AI Chip Rally Lifts Equities
Updated
Updated · Bloomberg · Jun 2
South Korea Overtakes India With $5 Trillion Stock Market as AI Chip Rally Lifts Equities
3 articles · Updated · Bloomberg · Jun 2
Summary
$5 trillion in market value put South Korea ahead of India as the world's sixth-largest equity market, according to Bloomberg-compiled data.
An 86% surge in Korea-listed companies this year drove the shift, fueled by gains in chip heavyweights tied to the global artificial-intelligence buildout.
India's market capitalization slipped to $4.8 trillion, allowing South Korea to reclaim the higher ranking as semiconductor stocks outperformed.