Taiwan Stock Market Rises 1531 Points, Second Largest Gain in History, First Time 40 Stocks Exceed NT$1,000

The United States and Iran today agreed to a two-week ceasefire, easing market concerns about escalating tensions in the Middle East, and causing US crude oil benchmark prices to fall below the US$100 per barrel mark.

The Taiwan stock market opened higher today at 33379.5 points, continued to rise, and closed up 1531.56 points at 34761.38 points, a gain of 4.61%. The transaction value was NT$856.26 billion. Electronic stocks rose 5.44%, financial stocks rose 1.25%, and the OTC index rose 4.79%.

Observing the trend of weighted stocks, TSMC closed up NT$90 at NT$1950, a gain of 4.84%. Hon Hai rose 4.95%, MediaTek rose over 7.48%, and Delta Electronics hit the daily limit at NT$1665.

The PCB sector surged, with Unimicron, Apex, and Taimac hitting the daily limit. Gold Circuit Electronics briefly topped NT$1,000 during the trading session, closing at NT$998, up over 7.66%.

Memory stocks such as InnoDisk, Macronix, and Winbond Electronics rose to their daily limits, with Winbond Electronics up over 6%. The AI sector continued to strengthen, with Gigabyte hitting the daily limit, Quanta and Wistron up over 6%. Thermal solution stocks such as Auras Technology and Dual Horns hit the daily limit. TSMC equipment suppliers such as Marketech, C-Sun, and Scientech also surged.

The low-earth orbit satellite sector surged, with Advanced Wireless Semiconductor up over 9%, Wha Yu Industrial hitting the daily limit, Arcadyan Technology hitting the daily limit, and Zyxel Communications up over 7%. Panel stocks such as Innolux and AU Optronics surged.

Observing high-priced stocks, the market leader ASPEED Technology hit the daily limit, setting a new high of NT$12615. High-priced stocks such as Ingrasys, Winbond Electronics, Giga-Byte Technology, Chroma ATE, and Phison Electronics hit the daily limit. InnoDisk, AES-KY, and Dual Horns surpassed NT$1,000. The number of high-priced stocks above NT$1,000 in the Taiwan stock market reached 40.

Huang Wen-ching, Deputy General Manager of Taishin Securities Investment Advisory, told Central News Agency reporters that not only did US President Trump and Iranian officials express willingness for peace talks, but the market also generally interpreted that both sides shared a consensus to avoid the situation getting out of control. First, there is at least a two-week relatively safe period in the short term. Second, even if the Middle East situation continues to the end, the market expects it will not drag on for too long or further expand, so this is temporarily regarded as a positive signal.

Looking ahead, he pointed out that the Taiwan stock market is expected to show a volatile trend, and the subsequent movements of foreign investors remain key, with strong buying expected. In addition, TSMC's investor conference next week is also a market focus, and related supply chain sectors have shown signs of strengthening recently. If TSMC releases a positive outlook, coupled with the expected stable financial performance of various companies in April, the overall technical pressure is limited, and the index has a chance to maintain a volatile upward trend. (Edited by Chang Chun-mao) 1150408