MSCI Boosts Taiwan Stocks to Record Highs; 5,806-Point Surge in May

Central News Agency (Taipei, May 29) The MSCI semi-annual adjustment took effect today, with Taiwan stocks seeing a massive trading volume of 451.8 billion TWD, closing at a record high of 44,732.94 points, up 1,096.5 points. The total trading value reached 1.816 trillion TWD. Taiwan stocks rose 2,464.97 points this week and 5,806.31 points in May. Electronics, finance, and traditional industries all rallied, with the electronics index rising 2.62%. TSMC and ASMedia hit record highs of 2,375 TWD and 19,510 TWD, respectively. Foxconn and Quanta hit daily limits, driven by positive sentiment from NVIDIA's recent events. In traditional industries, the plastics index rose 7.23%, the strongest performer. Huang Kuo-wei of Mega International Investment Services noted that with TSMC and assembly plants like Foxconn and Quanta strengthening, the market structure is improving, setting the stage for further highs.