TAIPEI (Taiwan News) — Taiwan’s stock market closed slightly higher on Thursday, with investors maintaining a cautious stance on Middle East developments.
The Taiwan Capitalization Weighted Stock Index, or TAIEX, gained 99.78 points to finish at 34,861.16. Turnover totaled NT$844.3 billion (US$26.5 billion), according to CNA and CTEE.
TSMC rose 0.26% to NT$1,955, supporting the TAIEX's late-session rebound. The chipmaker traded lower for most of the day before late purchases of about 8.7 million shares, or 8,700 lots, helped it close at its session high.
Delta Electronics fell 1.2% to NT$1,645. Foxconn declined 0.74% to NT$200, and MediaTek slipped 0.32% to NT$1,575.
The panel sector attracted attention as the Touch Taiwan touch panel and optical film exhibition opened. AUO reached its daily trading limit, while Innolux rose 2.86%.
The two companies recorded the session’s two largest trading volumes of 670,000 and 580,000 lots. HannStar Display gained 4.17%.
Several light-emitting diode-related companies, including Ennostar, Tyntek, Advanced Optoelectronic Technology, I-Chiun Precision Industry, Para Light Electronics, and Oasistek Technology, also closed at their daily limits.
Momentum continued in the printed circuit board sector. Wus Printed Circuit, Gold Circuit Electronics, Apex International, and Plotech all hit limit-ups.
PCBs provide the foundation for electronic components by enabling signal and current transmission through copper foil circuits. Upstream supplier Fulltech Fiber Glass rose 8.48% to NT$121.5.
The top three stocks in net selling by foreign investors were all in the memory sector, with PSMC at 49,946 lots, Nanya Technology at 33,225 lots, and Macronix International at 27,993 lots. They declined 6.25%, 8.07%, and 5.33%, respectively.
Senior analyst Chien Po-yi (簡伯儀) said the market entered a consolidation phase following Wednesday’s gain of more than 1,500 points. He noted that semiconductor and AI-related stocks continue to lead market movements and remain highly active, according to CTEE.
He added that semiconductor and AI-related stocks continued to provide support, with buying interest focused on thematic and higher-priced stocks. Small- and mid-cap stocks may still have room for gains.
This information is not intended as personalized financial advice. Investors are encouraged to conduct their own research and analysis before making investment decisions.
