TAIEX Breaks 45,000 Mark, Closes 1.4% Higher
2026-06-01 06:46
By
Chusnul Chotimah
1 min. read
The TAIEX, Taiwan’s benchmark stock index, increased 605 points, or 1.4%, to close at 45,338 on Monday, extending gains from the previous session, primarily supported by electronic technology and technology services stocks.
The broader index hit a new record high, surpassing the 45,000 level for the first time as optimism over AI demand continued to lift sentiment.
A rally on Wall Street on Friday also fueled sentiment, supported by tech stocks amid persistent enthusiasm surrounding AI-related investments.
Electronic technology stocks rose 1.2%, with MediaTek surging 5.7%, while Hon Hai Precision Industry gained 1.6%.
Meanwhile, TSMC, the world's largest contract chipmaker, which accounts for more than 40% of the market's total value, was unchanged after rising 2.6% on Friday.
Technology services stocks climbed 2.1%, with Wiwynn Corp.
advancing 2.6%.
On the data front, Taiwan's manufacturing sector grew at the fastest pace since August 2021 in May 2026, supported by stronger demand.