Taiwan Stocks Hit Record High Before Pulling Back; '53 Thousand-Dollar Stocks' Milestone Short-Lived
Taiwan stocks reached a record high of 44,954.09 points, driven by US market gains and TSMC's record valuation. However, the milestone of 53 stocks priced over NT$1,000 was short-lived as GlobalWafers fell back.
📋 Article Processing Timeline
- 📰 Published: May 28, 2026 at 12:22
- 🔍 Collected: May 31, 2026 at 23:49 (83h 27m after Published)
- 🤖 AI Analyzed: June 2, 2026 at 00:50 (25h 0m after Collected)
With the three major US stock indices hitting record highs and TSMC's ADR and futures reaching new peaks, the Taiwan stock market rose today, touching a historical high of 44,954.09 points before fluctuating and settling above 44,500 points. GlobalWafers surged 9% to join the 'thousand-dollar' club but failed to hold the level, making the '53 thousand-dollar stocks' milestone short-lived. As of 11:10 AM, the weighted index was up 319.67 points to 44,576.47, with turnover expanding to approximately NT$865.7 billion. TSMC hit a record high of NT$2,360, with its market cap reaching NT$61.2 trillion. While AI continues to drive the market, analysts warn of rising margin trading and inflation risks.
FAQ
What is the current status of the Taiwan stock market?
It is hitting record highs driven by the AI sector.