Taiwan Stocks Hit Record High Before Plunging 620 Points to Close at 43,636
Key facts
- Taiwan Stocks Hit Record High Before Plunging 620 Points to Close at 43,636
- Taiwan stocks reached a record high of 44,954 points before plunging due to US-Iran tensions, closing at 43,636.44 points with a massive turnover of 1.59 trillion TWD.
- Source: PR Times
- Date: May 28, 2026
Direct answer
Taiwan stocks reached a record high of 44,954 points before plunging due to US-Iran tensions, closing at 43,636.44 points with a massive turnover of 1.59 trillion TWD.
- Citation
- Taiwan Stocks Hit Record High Before Plunging 620 Points to Close at 43,636 (May 28, 2026), PR Times
- Source
- PR Times
- Date
- May 28, 2026
Taiwan stocks reached a record high of 44,954 points before plunging due to US-Iran tensions, closing at 43,636.44 points with a massive turnover of 1.59 trillion TWD.
📋 Article Processing Timeline
- 📰 Published: May 28, 2026 at 14:45
- 🔍 Collected: May 31, 2026 at 23:50 (81h 5m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 23:51 (0 min after Collected)
Following renewed conflict between the US and Iran, with Iran targeting US military bases in retaliation for US airstrikes, stock markets in Japan and South Korea plummeted. The Taiwan stock market initially surged to a record high of 44,954 points in the morning before heavy selling pressure emerged, leading to a volatility range of 1,717 points. The index closed at 43,636.44 points, down 620.36 points, with a massive trading volume of 1.59 trillion TWD. TSMC, the market leader, hit a record high of 2,360 TWD in the morning, up 2.6%, with its market cap reaching 61.2 trillion TWD. However, it reversed gains during the session and closed at 2,295 TWD, down 0.22%.
FAQ
Why did Taiwan stocks drop?
Due to rising geopolitical tensions between the US and Iran.
What are the key facts in this article?
Taiwan stocks reached a record high of 44,954 points before plunging due to US-Iran tensions, closing at 43,636.44 points with a massive turnover of 1.59 trillion TWD.
What is the direct answer?
Taiwan stocks reached a record high of 44,954 points before plunging due to US-Iran tensions, closing at 43,636.44 points with a massive turnover of 1.59 trillion TWD.