TAIPEI (Taiwan News) — Taiwan’s stock market closed slightly higher on Friday, supported by steady gains in sectors such as artificial intelligence, robotics, and semiconductor equipment suppliers, even as TSMC shares declined toward the end of trading.
The Taiwan Capitalization Weighted Stock Index, or TAIEX, gained 17.49 points to close at 24,021.26 points, with turnover reaching NT$421 billion (US$14 billion). For the week, the TAIEX rose 586.88 points, according to CNA and CTEE.
TSMC’s US-listed shares rose 4.86% overnight, helping local shares open strongly and reach a record intraday high of NT$1,185. However, selling pressure later pushed the stock down to close 0.42% lower at NT$1,175.
Foxconn ended the day unchanged at NT$194.5. MediaTek fell 0.37% to NT$1,350.
Attention shifted after US President Donald Trump announced a potential 100% tariff on foreign-made semiconductors, with possible exemptions for companies building US-based manufacturing facilities. This led to gains among Taiwanese semiconductor equipment manufacturers with US operations or plans.
Acter increased by more than 8%, and United Integrated Services rose about 6%. C Sun, Mirle Automation, and Grand Process Technology also showed gains.
Demand remained steady for printed circuit boards, key components in most electronic devices, especially for high-end products. Gold Circuit Electronics and Lcy Technology both reached daily trading limits, while Taiwan Union Technology, First Hi-tec Enterprise, and Apex International also posted gains.
Robotics stocks recovered following several quiet sessions, coinciding with the opening of the World Robot Conference in Beijing. Etron Technology and Ability Enterprise reached daily trading limits, with Ability hitting a new high of NT$74.1.
Other robotics companies including Aurotek Ace Pillar, Ikka Holdings, Abico, and FineTek also reported gains.
Mega International Vice President Huang Kuo-wei (黃國偉) said that as US tariffs and semiconductor levies take effect, Taiwan’s stock market will gradually return to focusing on fundamentals. He noted that economic conditions in the second half of the year are expected to influence future market performance.
Looking ahead, analysts said investor attention will turn to upcoming economic data releases and corporate earnings reports. Several major US companies are scheduled to announce second-quarter results next week, with many already reporting profits above expectations.
This information is not intended as personalized financial advice. Investors are encouraged to conduct their own research and analysis before making investment decisions.
