TAIEX Ends at New Record High on Tech Rally

2026-06-22 06:21 By Chusnul Chotimah 1 min. read

The TAIEX, Taiwan’s benchmark stock index, soared 1,276 points, or 2.8%, to close at a fresh record high of 47,742 on Monday, extending gains for a sixth straight session and reaching a record high for the second consecutive session after resuming trading following a holiday on Friday.

The broader index surpassed the 47,000 level for the first time, mainly buoyed by gains in electronic technology and process industry stocks.

Sentiment was also lifted by a statement from Pakistan and Qatar, the mediating countries, that progress had been made in US-Iran peace deal talks.

Electronic technology stocks jumped 3.3% as optimism over AI demand continued to support sentiment.

TSMC, the world's largest contract chipmaker and a company accounting for more than 40% of the market's total value, surged 4.2% after reports that it is accelerating its CoPoS rollout, a technology that replaces traditional round wafers.

MediaTek rose 1.7%, while ASE Technology Holding jumped 10.0%.



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