Taiwan Stocks Hit Record High, Surpass 40,000
2026-05-04 02:54
By
Chusnul Chotimah
1 min. read
The TAIEX, Taiwan’s benchmark stock index, surged 1,575 points, or 4.1%, to 40,501 in morning trade on Monday, halting losses from the previous three sessions and tracking a rally on Wall Street on Friday, supported by solid earnings reports.
The broader index hit a record peak, mainly boosted by electronic technology stocks and commercial services, amid optimism over artificial intelligence (AI) infrastructure demand.
The index surpassed 40,000 for the first time, reaching an intraday high of 40,195 on April 27.
Contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC), which accounts for more than 40% of total market value, jumped 6.1%.
Fresh PMI manufacturing data also lifted sentiment, with factory activity growing at the fastest pace since December 2021, supported by a faster rise in output and new orders.
Other top performers included MediaTek (10.0%), ASE Technology Holding (9.8%), King Yuan Electronics (9.9%), and Accton Technology (9.9%).