Taiwan Equities Hit New High, Top 48,000 Mark

The TAIEX, Taiwan’s benchmark stock index, rose 692 points, or 1.5%, to 48,411 in Tuesday morning trading, gaining for the fifth straight session and hitting a record high, mainly buoyed by gains in electronic technology. The index surpassed the 48,000 mark for the first time on June 23, 2026, reaching an intraday high of 48,219 before pulling back. Electronic technology climbed 1.8%, with TSMC, the world's largest contract chipmaker and accounting for more than 40% of the market's total value, advancing 0.6%. Meanwhile, MediaTek and ASE Technology Holding surged 8.6% and 6.3%, respectively. United Microelectronics soared 6.1%, while Unimicron Technology Corp. jumped 9.8%. The broader index tracked a rise on Wall Street overnight, buoyed by solid AI-related stocks, while oil prices and US Treasury yields eased. Optimism over the Trump-Xi summit this week also lifted sentiment, as AI and tariffs are expected to be discussed at the meeting.

The TAIEX, Taiwan’s benchmark stock index, rose 538 points, or 1.1%, to close at 47,719 on Monday, gaining for the fourth straight session and hitting its highest level since June 22, when the index reached a record high, mainly supported by gains in electronic technology. Electronic technology climbed 1.4%, amid optimism over the Trump-Xi summit later this week. TSMC, the world's largest contract chipmaker and accounting for more than 40% of the market's total value, advanced 0.8%. Meanwhile, MediaTek, Delta Electronics, and ASE Technology Holdings surged 6.4%, 8.1%, and 3.9%, respectively. The broader index tracked a rise in US stock futures after the Dow Jones recorded a third straight losing week. 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.

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.