US-Iran Ceasefire Adds Variables, Taiwan Stocks Fluctuate Near Opening

As of 9:05 AM, the Taiwan Stock Exchange Weighted Index rose slightly by 34.94 points to 34796.32 points. The Taiwan Technology Exchange Index, representing small and mid-cap stocks, also opened slightly higher.

Major heavyweight stocks showed mixed performance: TSMC fell by NT$15 to NT$1935; Delta Electronics rose by NT$25 to NT$1690; and Foxconn fell by NT$1.5 to NT$200.

Analysts believe that the technical aspect of Taiwan's stock market is strengthening, and the strong demand for AI is becoming a structural moat for Taiwan's exports and profits, maintaining the long-term bullish trend. However, analysts also cautioned that with changing war situations, short-term risks from geopolitical factors may still impact market sentiment. (Editor: Lin Jia-xian) 1150409