TAIPEI (Taiwan News) — Taiwan’s stock market closed higher on Thursday, supported by improved sentiment following signs of easing in US tariff policy.
The Taiwan Stock Exchange Capitalization Weighted Stock Index, or TAIEX, gained 55.06 points to close at 23,373.73. Turnover totaled NT$341 billion (US$11.6 billion), according to CNA and CTEE.
TSMC and MediaTek closed flat at NT$1,145 and NT$1,430, respectively. Foxconn rose 4.82% to NT$174 after being named the world’s leading electronics manufacturing service (EMS) and original design manufacturing (ODM) provider for the first half of the year.
Other companies listed in the global EMS/ODM top 20 ranking by Digitimes — including Quanta Computer, Wistron, Wiwynn, and Compal — also ended higher. Wistron advanced to become the third-largest provider globally, behind Foxconn and Quanta, driven by its growing AI server business.
Drone-related stocks gained after the Ministry of National Defense announced plans to procure 48,000 commercial-grade military drones over the next two years. Ubiqconn Technology and Parpro both hit the daily limit, while Thunder Tiger, Coretronic, and Aerowin Technology posted solid gains.
Meanwhile, TS Financial Holding debuted on Thursday following the merger of Taishin Financial and Shin Kong Financial. Despite the rebranding, the new entity fell 6.32% amid heavy trading, topping the session with 471 million shares exchanged.
In the glass sector, Taiwan Glass hit the daily limit to close at NT$20.25, continuing its upward trend. The broader glass index rose more than 8%, supported by rising glass fiber prices in China.
The price increase has been linked to demand from the AI server supply chain. Glass fiber cloth, made by weaving fiberglass yarn, is a critical material used in AI server production.
Shin Kong Investment Trust Chair Liu Kun-hsi (劉坤錫) said the market remains in a consolidation phase, with investors closely monitoring US tariff developments and semiconductor-related trade issues. Liu noted that the index is holding above its annual moving average, but future movements will likely depend on further US policy updates.
This information is not intended as personalized financial advice. Investors are encouraged to conduct their own research and analysis before making investment decisions.
