TAIPEI (Taiwan News) — Taiwan’s stock market climbed Friday, approaching record highs as technology and domestic-demand sectors drew investor attention.
The Taiwan Capitalization Weighted Stock Index, or TAIEX, gained 96.38 points to close at 24,334.48. Turnover totaled NT$443.5 billion (US$14.8 billion), according to CNA and CTEE.
TSMC remained largely unchanged, ending up 0.43% at NT$1,180. MediaTek rose 1.44% to NT$1,370. Foxconn climbed 3.76% to NT$207, marking a new high for the year. Delta Electronics added 2.39% to a record NT$686.
Eternal Materials, rumored to have secured TSMC orders, hit its daily price limit for the third consecutive day. Trading volume surpassed 100,000 lots, or 100 million shares, marking a nearly 60% increase over the past month.
HTC’s launch of its artificial intelligence-powered Vive Eagle smart glasses sent its stock to the daily limit of NT$46.95. Related firms, including Vate Technology and Xander International, also hit daily limits, while Via Technologies, Via Labs, and Chander Electronics posted gains.
The high-end fiberglass sector also drew attention. Taiwan Glass hit its third daily limit this week on 235,000 lots traded, the highest volume among listed companies.
Fulltech Fiber Glass rose 8.83% on 211,000 lots. Fiberglass is a key material for printed circuit boards and copper-clad laminates used in electronics manufacturing.
PGIM Global Resources Fund manager Kuo Ming-yu (郭明玉) said Taiwan’s stock market is showing strong momentum and could challenge historical highs as major technology stocks continue to lead, while some investment funds are increasingly moving into smaller domestic sectors.
Kuo highlighted Taiwan’s booming exports to the US, which reached US$97.5 billion in the first seven months of the year, a 53.5% increase from last year. For the first time in 26 years, Taiwan’s exports to the US exceeded those to China.
With AI-related themes driving investor interest, Kuo said Taiwan’s technology sector is expected to keep growing, supported by rising global cloud spending and steady demand for electronics and IT products.
This information is not intended as personalized financial advice. Investors should conduct their own research before making investment decisions.
