TAIPEI (Taiwan News) — Taiwan’s stock market hit record intraday and closing highs Monday, lifted by gains on Wall Street and improved sentiment over easing US-China trade tensions.
The Taiwan Capitalization Weighted Stock Index (TAIEX) rose 461.37 points to finish at 27,993.63. Turnover reached NT$548 billion (US$17.9 billion), according to CNA and CTEE.
The total market capitalization of listed companies surpassed NT$90 trillion, climbing by NT$1.47 trillion to reach a record NT$90.41 trillion, according to CNA.
TSMC opened at a record NT$1,500 before ending 2.07% higher at NT$1,480. Foxconn gained 3.14% to NT$246.5, MediaTek added 3.09% to NT$1,335, and Delta Electronics climbed 5.94% to NT$1,070.
Memory chipmakers advanced after an increase in dynamic random-access memory prices, sending several stocks to their daily upper limits. PSMC posted the highest trading volume at 346,000 lots, or 346 million shares, and closed limit-up.
Winbond Electronics, Elite Semiconductor Microelectronics Technology, Nanya Technology, Supreme Electronics, Phison Electronics, Adata Technology, and Macronix International also reached their daily ceilings. DRAM chips are used to temporarily store data in computers, smartphones, and other devices.
Passive component suppliers also extended their rally, with Yageo hitting the limit-up price of NT$248.5 on expectations of higher product prices and its merger with Japan’s Shibaura Electronics. Walsin Technology, Liton Technology, Inpaq Technology, Arlitech Electronic, and Viking Tech also finished at their ceilings.
In financials, E Sun Financial Holding fell 7.2% on reports it plans to acquire Mercuries Life Insurance at a premium. Mercuries Life hit its daily limit on heavy buying, ending with 186,000 unfilled orders.
Other Mercuries Group companies, including Mercuries Data Systems, Sci Pharmtech, and Horizon Securities, also ended limit-up.
Nomura Funds said the market is currently influenced by two opposing forces, including the uncertainty surrounding US tariff policies and the momentum generated by the artificial intelligence boom. The firm noted that AI’s commercial potential is becoming increasingly evident, citing growth in Google Cloud orders and rising revenue at OpenAI.
It added that Nvidia’s next-generation Robin architecture chips, expected next year, will spur further upgrades and boost demand for computing power. This will offer long-term opportunities for Taiwan’s technology supply chain and broader equity market.
Nomura fund manager Lin Hao-hsiang (林浩詳) said that although higher valuations have made the market more sensitive to negative news, investor confidence has rebounded quickly after bouts of volatility. He expects Taiwan’s bull market to continue, supported by steady corporate earnings and accelerating AI adoption.
This information is not intended as personalized financial advice. Investors are encouraged to conduct their own research and analysis before making investment decisions.
