TAIPEI (Taiwan News) — Taiwan’s stock market closed higher Thursday, led by gains in tech and financial shares, as investors monitored US tariff announcements that excluded Taiwan.
The Taiwan Capitalization Weighted Stock Index (TAIEX) gained 166.24 points to close at 22,693.25. Turnover totaled NT$318 billion (US$10.9 billion), according to CNA and CTEE.
TSMC increased 0.92% to NT$1,100. Foxconn added 0.31% to NT$161.5, while MediaTek rose 3.32% to NT$1,400 on growing investor interest in its artificial intelligence-focused chips.
The financial sector climbed 1.36%, supported by gains in Fubon Financial Holding and Cathay Financial Holdings.
Power supply unit firm Delta Electronics finished up over 5% at NT$482.5, a new high, after reporting record second-quarter revenue of NT$124 billion. June revenue hit NT$40 billion, up 21.2% year-on-year and the second-highest monthly total in the company’s history.
The strong performance of Delta Electronics boosted shares linked to AI server cooling technologies. Asia Vital Components and Taiwan Microloops both closed higher, as rising server power demands continue to drive growth in advanced thermal management solutions.
In the copper-clad laminate sector, Elite Material advanced after J.P. Morgan raised its annual growth forecast and price target. The stock reached an intraday high of NT$990, nearing the NT$1,000 threshold.
Taiwan Union Technology finished up over 2%, while Iteq closed slightly lower after retreating from earlier gains. CCLs, composed of copper foil and insulating material, are widely used in electronics due to copper foil’s excellent conductivity and flexibility.
Several high-dividend stocks went ex-dividend on Thursday. When a company pays dividends, it distributes part of its profits to shareholders, usually in cash or shares.
Chime Ball Technology, which issued a NT$0.501 dividend, quickly recovered its dividend gap and hit the daily price limit at NT$33.2, supported by solid June revenue. The Yuanta Taiwan Value High Dividend ETF, which went ex-dividend at NT$0.04, slipped by NT$0.02.
Despite the market’s gains, Mega International Investment Services Vice President Huang Kuo-wei (黃國偉) noted that declining trading volume signals ongoing investor caution. Market participants remain focused on possible US trade policy shifts and their impact on Taiwanese exports.
This information is not intended as personalized financial advice. Investors are encouraged to conduct their own research and analysis before making investment decisions.
