TAIEX Holds Above 45,000, Extending Gains
2026-06-02 03:31
By
Chusnul Chotimah
1 min. read
The TAIEX, Taiwan’s benchmark stock index, climbed 150 points, or 0.3%, to 45,488 on Tuesday around noon, rising for the third straight session, mainly buoyed by finance, communication, consumer durables, and electronic technology stocks.
The broader index hit a fresh record high, surpassing the 45,000 level for the second consecutive session, as optimism over AI demand continued to lift sentiment.
A rally on Wall Street on Friday also supported sentiment, amid a resurgence in AI-related stocks.
Electronic technology stocks edged up 0.1%, with TSMC, the world's largest contract chipmaker, which accounts for more than 40% of the market's total value, rising 1.5% after being flat on Monday.
Meanwhile, Hon Hai Precision Industry gained 2.0%.
Financial stocks rose 1.3%, with Fubon Financial Holding and CTBC Financial Holding advancing 0.9% and 1.0%, respectively.