TAIPEI (Taiwan News) — Taiwan’s stock market on Tuesday closed at a third straight record high, with the benchmark index topping the 36,000-point mark as gains rotated across major sectors.
The Taiwan Capitalization Weighted Stock Index (TAIEX) rose 838.83 points to close at 36,296.12 after reaching an intraday high of 36,341.44. Turnover totaled NT$971.7 billion (US$30.7 billion), according to CNA and CTEE.
TSMC led the market, closing at a record NT$2,055, up 3.27%. The company’s market capitalization reached NT$53.29 trillion, contributing about 516 points to the broader index.
MediaTek rose 6.17% to NT$1,720. Delta Electronics added 0.57% to NT$1,750, and Foxconn increased 3.75% to NT$207.5.
Aspeed Technology, the highest-priced stock on the TAIEX, reached a new high. The integrated circuit designer rose 6.77% to NT$13,005.
Largan Precision hit its daily limit, leading optical stocks Genius Electronic Optical, Asia Optical, Kinko Optical, Calin Technology, Ability Opto-Electronics Technology, and Young Optics higher.
In the copper-clad laminate sector, Iteq reached its daily limit, while Elite Material rose 8.42% and Taiwan Union Technology gained 7.37%. Copper-clad laminates are positioned in the midstream of the printed circuit board manufacturing process, and PCBs are core components in modern electronic products, according to Stockfeel.
Robot-related stocks also recorded gains, including Kao Fong Machinery, Adlink Technology, Hiwin Technologies, TBI Motion Technology, Abico Asia Capital, Ace Pillar, Ying Han Technology, and Chieftek Precision, which closed at limit-up.
However, as the index reached new highs, some sectors showed signs of rotation and profit-taking. Stocks in the PCB segment, including Unimicron Technology, Compeq Manufacturing, and Zhen Ding Technology, faced selling pressure following recent gains.
The memory sector showed mixed performance. Nanya Technology declined 2.44% despite reporting strong earnings, and Winbond Electronics also moved lower, while Macronix International rose 5.42%.
Senior securities analyst Chang Chen-hao (張陳浩) said TSMC’s gains helped lift the broader market to new highs, but investors should monitor whether foreign institutional investors continue to adjust their positions. He added that domestic institutional investors may also choose to take profits after the recent increase, according to CTEE.
Looking ahead, market attention is expected to turn to upcoming earnings reports. TSMC's results are scheduled for Thursday.
PGIM Taiwan Market Capitalization Momentum 50 ETF manager Yang Li-kai (楊立楷) said investors are also focusing on major US companies’ upcoming results. These include ASML, Texas Instruments, Tesla, Google, and Intel.
Yang said trading volume has increased from around NT$600 billion to NT$800 billion, indicating improved market participation. He noted that the current price-volume trend reflects a relatively stable structure, as trading levels remain below previous peak volumes.
However, he cautioned that after the recent increase, the index’s deviation from moving averages has widened, and with the benchmark at historical highs, short-term volatility remains possible. He also said ongoing ceasefire negotiations between the US and Iran remain a factor for investors to monitor.
This information is not intended as personalized financial advice. Investors are encouraged to conduct their own research and analysis before making investment decisions.
