TAIPEI (Taiwan News) — Taiwan’s stock market traded within a 926-point range Tuesday before closing lower as investors remained cautious.
The Taiwan Capitalization Weighted Stock Index (TAIEX) rose 638 points in early trading before closing down 110.26 points at 32,612.24. Turnover totaled NT$664.4 billion (US$20.8 billion), according to CNA and CTEE.
TSMC closed unchanged at NT$1,810. Delta Electronics rose 0.35% to NT$1,415, Foxconn fell 0.51% to NT$195, and MediaTek declined 0.31% to NT$1,620.
WinWay was recently highlighted by Citigroup as a stock that could potentially exceed NT$10,000 per share. The semiconductor testing company briefly reached a record NT$8,600 before closing at NT$8,190, up 3.87%.
Battery backup unit-related stocks rose on expectations that demand from AI servers will support industry growth. Stl Technology reached the daily limit-up, while Cosmo Electronics gained more than 9%.
Dynapack International Technology, Celxpert Energy, Synergy ScienTech, Sysgration, and Advanced Energy Solution also recorded gains. Battery backup units serve as emergency power sources that keep servers and data centers running during power interruptions and help prevent data loss, according to E Sun Securities.
The memory sector weakened after US-listed Micron Technology fell for a fourth consecutive session. Among major Taiwanese DRAM suppliers, PSMC, Winbond Electronics, and Nanya Technology posted declines.
Macronix International and Innodisk, both placed on the exchange’s disposition list due to unusual trading activity, also dropped. Elite Semiconductor Microelectronics Technology and Silicon Power Computer and Communications reached their daily limit-downs.
Ajinomoto Build-up Film substrate makers also moved lower, with Unimicron Technology falling 7.82% to NT$460, Gold Circuit Electronics declining 7.69% to NT$888, and Unitech Printed Circuit Board dropping 4.21% to NT$68.3. Developed by Japan’s Ajinomoto, ABF acts as an insulating layer in semiconductor packaging, according to Pocket Securities.
Analyst Chien Po-yi (簡伯儀) said the Iran war has affected global markets. Many investors remain cautious and prefer to stay on the sidelines, contributing to wide market movements, according to CTEE.
President Capital Management Chair Li Fang-kuo (黎方國) said geopolitical risks, renewed inflation concerns, and fading expectations for interest-rate cuts have weakened investor confidence. As a result, traders are increasingly taking short-term positions and locking in profits when stocks rise on positive news.
However, Chien said markets may gradually become less sensitive to war-related developments. Trading liquidity in Taiwan’s market remains relatively strong, suggesting companies tied to long-term growth areas such as AI infrastructure could still post independent gains.
This information is not intended as personalized financial advice. Investors are encouraged to conduct their own research before making investment decisions.
