Taiwan Stocks Hit 3-Month High on Tech Boost

2026-09-21 01:57 By Chusnul Chotimah 1 min. read

The TAIEX, Taiwan’s benchmark stock index, advanced 268 points, or 0.6%, to 47,449 in Monday morning deals, rising for the fourth straight session and hitting its highest level since June 22, when the index reached a record high, mainly buoyed by gains in electronic technology, commercial services, and energy minerals.

Electronic technology rose 1.0%, with TSMC, the world's largest contract chipmaker and accounting for more than 40% of the market's total value, gaining 0.6%.

Meanwhile, MediaTek and ASE Technology Holding soared 5.4% and 4.1%, respectively.

The broader index tracked a rise in US stock futures after the Dow Jones recorded a third straight losing week.

However, traders monitored developments in US-China relations ahead of the Trump-Xi summit on September 24.

Meanwhile, the PBoC held the one-year loan prime rate at 3% for the 16th straight month, while traders also awaited Taiwan's August export orders data after the closing bell, following a surge in July.



News Stream
Taiwan Stocks Hit 3-Month High on Tech Boost
The TAIEX, Taiwan’s benchmark stock index, advanced 268 points, or 0.6%, to 47,449 in Monday morning deals, rising for the fourth straight session and hitting its highest level since June 22, when the index reached a record high, mainly buoyed by gains in electronic technology, commercial services, and energy minerals. Electronic technology rose 1.0%, with TSMC, the world's largest contract chipmaker and accounting for more than 40% of the market's total value, gaining 0.6%. Meanwhile, MediaTek and ASE Technology Holding soared 5.4% and 4.1%, respectively. The broader index tracked a rise in US stock futures after the Dow Jones recorded a third straight losing week. However, traders monitored developments in US-China relations ahead of the Trump-Xi summit on September 24. Meanwhile, the PBoC held the one-year loan prime rate at 3% for the 16th straight month, while traders also awaited Taiwan's August export orders data after the closing bell, following a surge in July.
2026-09-21
TAIEX Ends 1.7% Higher, Hits 11-Week High
The TAIEX, Taiwan’s benchmark stock index, rose 775 points, or 1.7%, to close at 47,326 on Monday, extending gains from the previous session and moving near its record high reached on June 22, lifted by optimism over memory chip demand linked to a new model from OpenAI. The broader index rose, mainly buoyed by gains in electronic technology, which increased 2.3%. TSMC, the world's largest contract chipmaker, accounting for more than 40% of the market's total value, advanced 2.1%. MediaTek continued to surge, soaring 8.4%, after Nvidia subscribed last week 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 gained 1.1%, while ASE Technology Holding surged 5.3%. Traders also anticipated the release of Taiwan's August trade data later this week, amid optimism over AI infrastructure demand.
2026-09-07
TAIEX Nears 3-Month High on Tech Boost
The TAIEX, Taiwan’s benchmark stock index, advanced 863 points, or 1.9%, to 47,414 in Monday morning deals, extending gains from the previous session and moving near its record high reached on June 22, lifted by optimism over memory chip demand linked to a new model from OpenAI. The broader index rose, mainly buoyed by gains in electronic technology, which advanced 2.4%. TSMC, the world's largest contract chipmaker, accounting for more than 40% of the market's total value, climbed 1.5%. MediaTek continued to rise, jumping 9.7%, after Nvidia subscribed last week 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 gained 1.9%, while ASE Technology Holding surged 5.3%. Traders also anticipated the release of Taiwan's August trade data later this week, amid optimism over AI infrastructure demand.
2026-09-07