TAIEX Ends at 2-Month High as Tech Stocks Rally

2026-09-01 07:37 By Chusnul Chotimah 1 min. read

The TAIEX, Taiwan’s benchmark stock index, climbed 820 points, or 1.8%, to 46,949, gaining for the fifth straight session and hitting its highest level since July 1, mainly buoyed by gains in electronic technology.

Electronic technology rose 2.0%, while technology services jumped 6.4%.

TSMC, the world's largest contract chipmaker, accounting for more than 40% of the market's total value, advanced 0.8%.

MediaTek surged 9.9% after Nvidia subscribed to USD 3.5 billion of its exchangeable bonds as part of MediaTek's record USD 3.9 billion overseas convertible bond offering.

Meanwhile, Delta Electronics and Hon Hai Precision Industry gained 0.8% and 1.6%, respectively, while ASE Technology Holding soared 4.5%.

The fresh data also lifted sentiment, as a private survey showed that Taiwan's factory activity grew solidly in August.

However, a fall on Wall Street overnight capped gains, as rising oil prices raised concerns over inflation and reinforced expectations of a Fed rate hike.



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TAIEX Ends at 2-Month High as Tech Stocks Rally
The TAIEX, Taiwan’s benchmark stock index, climbed 820 points, or 1.8%, to 46,949, gaining for the fifth straight session and hitting its highest level since July 1, mainly buoyed by gains in electronic technology. Electronic technology rose 2.0%, while technology services jumped 6.4%. TSMC, the world's largest contract chipmaker, accounting for more than 40% of the market's total value, advanced 0.8%. MediaTek surged 9.9% after Nvidia subscribed to USD 3.5 billion of its exchangeable bonds as part of MediaTek's record USD 3.9 billion overseas convertible bond offering. Meanwhile, Delta Electronics and Hon Hai Precision Industry gained 0.8% and 1.6%, respectively, while ASE Technology Holding soared 4.5%. The fresh data also lifted sentiment, as a private survey showed that Taiwan's factory activity grew solidly in August. However, a fall on Wall Street overnight capped gains, as rising oil prices raised concerns over inflation and reinforced expectations of a Fed rate hike.
2026-09-01
TAIEX Hits 2-Month High on Tech Sector Boost
The TAIEX, Taiwan’s benchmark stock index, advanced 683 points, or 1.5%, to 46,812, up for the fifth straight session and hitting its highest level since July 1, mainly buoyed by gains in electronic technology. Electronic technology rose 1.4%, while technology services surged 4.1%. TSMC, the world's largest contract chipmaker and accounting for more than 40% of the market's total value, gained 0.6%. MediaTek jumped 9.9% after Nvidia subscribed to USD 3.5 billion of its exchangeable bonds as part of MediaTek's record USD 3.9 billion overseas convertible bond offering. Meanwhile, Delta Electronics and Hon Hai Precision Industry gained 0.8% and 1.6%, respectively, and ASE Technology Holding soared 3.9%. The fresh data also lifted sentiment, as a private survey showed that Taiwan's factory activity grew solidly in August. However, a downbeat session on Wall Street overnight capped the gain, as rising oil prices raised concerns over inflation pressure.
2026-09-01
TAIEX Nears 2-Month High on Tech Sector Boost
The TAIEX, Taiwan’s benchmark stock index, rose 373 points, or 0.8%, to 46,349 in Friday morning deals, gaining for the fourth consecutive session and tracking a rally on Wall Street overnight, buoyed by tech sectors following solid Nvidia earnings. The broader index reached its highest level since July 6, mainly supported by electronic technology, finance, technology services, and health technology. Electronic technology continued to rise, advancing 0.7%, following a rise in the tech sector on Wall Street on Thursday. TSMC, the world’s largest contract chipmaker and accounting for more than 40% of the market’s total value, gained 0.6%. Meanwhile, MediaTek climbed 1.9%, and Delta Electronics increased 2.2%. Nanya Technology, a major Taiwanese memory chip supplier, rose 0.2%. However, traders awaited a speech by Fed Chair Kevin Warsh at the Jackson Hole Symposium later today for guidance on the Fed’s monetary policy decision at its upcoming meeting.
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