Taiwan Stocks Surge 901 Points to Record High, Up 2,822 Points in 4-Day Winning Streak
Taiwan's stock market surged on June 3, driven by a 5.87% jump in the Philadelphia Semiconductor Index. Led by TSMC, the Taiex index closed at a record 46,459.16, up 901.85 points (1.98%), with trading volume reaching NT$1.450877 trillion. The market has risen for four consecutive sessions, accumulating a gain of 2,822 points. Analysts noted that after the Computex Taipei exhibition, attention next week should focus on macroeconomic factors such as the US CPI and potential interest rate hikes by the Bank of Japan.
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- 📰 Published: June 3, 2026 at 18:22
- 🔍 Collected: June 3, 2026 at 18:39 (17 min after Published)
- 🤖 AI Analyzed: June 6, 2026 at 16:35 (69h 55m after Collected)
(Central News Agency, reporter Pan Zhiyi, Taipei, June 3) Driven by a 5.87% surge in the Philadelphia Semiconductor Index, TSMC rose NT$45 to close at a new record high of NT$2,425, propelling the Taiwan Stock Exchange (Taiex) index to an intraday high of 46,552.16 points. The index closed at 46,459.16 points, setting new records for both intraday and closing highs. Analysts believe that after the conclusion of the Computex Taipei exhibition, attention next week should turn to macroeconomic indicators such as the US Consumer Price Index (CPI).
The Taiex index closed at 46,459.16 points, up 901.85 points, or 1.98%, with trading volume reaching NT$1.450877 trillion. The market has risen for four consecutive sessions, accumulating a total gain of 2,822 points. The electronics sub-index rose 1.76%, while the electrical machinery and cable indices, related to the power sector, surged 6.24% and 6.1%, respectively. The financial sub-index gained 4.29%, and the textile sub-index rose 4.1%.
TSMC rose NT$45 to close at a new high of NT$2,425, a gain of 1.89%. Delta Electronics closed at NT$2,455, up NT$95, or 4.03%. Hon Hai Precision Industry rose 2.49%, MediaTek gained 0.44%, and Largan Precision advanced over 3.5%.
Silicon photonics concept stocks were relatively strong, with Landmark Optoelectronics, Bright Photonics, Fibracom, Eagle Optic Manufacturing, ShunSin Technology, and TrueLight hitting the daily price limit. Luxen Technologies rose 1.11%. Everlight Electronics initially hit the daily limit of NT$602 in early trading but later declined, closing flat.
Financial holding stocks have seen active buying by institutional investors recently. On Monday, CTBC Financial and KGI Financial hit their daily price limits, closing at NT$70.5 and NT$25.7, respectively. Hua Nan Financial rose 6.9%, First Financial gained 3.02%, and Cathay Financial advanced 2.91%.
Huang Guowei, Vice President of Mega International Investment Advisory, said in a phone interview that the Philadelphia Semiconductor Index's rise of over 5% pulled Taiwan stocks higher, with TSMC showing a clear upward trend. He noted that the rotation from AI electronics stocks to non-AI electronics and then to non-electronics stocks suggests a relatively healthy market structure. However, the shift from mainstream electronics to laggard non-mainstream stocks could also signal that the rally is nearing its end.
Huang pointed out that the positive catalysts from Computex Taipei were concentrated this week. Next week, the market must focus on macroeconomic performance, including the US CPI, and monitor global central bank actions, particularly whether the Bank of Japan will raise interest rates. A stronger yen could impact global capital flows. (Editor: Zhang Liangzhi) 1150603
The Taiex index closed at 46,459.16 points, up 901.85 points, or 1.98%, with trading volume reaching NT$1.450877 trillion. The market has risen for four consecutive sessions, accumulating a total gain of 2,822 points. The electronics sub-index rose 1.76%, while the electrical machinery and cable indices, related to the power sector, surged 6.24% and 6.1%, respectively. The financial sub-index gained 4.29%, and the textile sub-index rose 4.1%.
TSMC rose NT$45 to close at a new high of NT$2,425, a gain of 1.89%. Delta Electronics closed at NT$2,455, up NT$95, or 4.03%. Hon Hai Precision Industry rose 2.49%, MediaTek gained 0.44%, and Largan Precision advanced over 3.5%.
Silicon photonics concept stocks were relatively strong, with Landmark Optoelectronics, Bright Photonics, Fibracom, Eagle Optic Manufacturing, ShunSin Technology, and TrueLight hitting the daily price limit. Luxen Technologies rose 1.11%. Everlight Electronics initially hit the daily limit of NT$602 in early trading but later declined, closing flat.
Financial holding stocks have seen active buying by institutional investors recently. On Monday, CTBC Financial and KGI Financial hit their daily price limits, closing at NT$70.5 and NT$25.7, respectively. Hua Nan Financial rose 6.9%, First Financial gained 3.02%, and Cathay Financial advanced 2.91%.
Huang Guowei, Vice President of Mega International Investment Advisory, said in a phone interview that the Philadelphia Semiconductor Index's rise of over 5% pulled Taiwan stocks higher, with TSMC showing a clear upward trend. He noted that the rotation from AI electronics stocks to non-AI electronics and then to non-electronics stocks suggests a relatively healthy market structure. However, the shift from mainstream electronics to laggard non-mainstream stocks could also signal that the rally is nearing its end.
Huang pointed out that the positive catalysts from Computex Taipei were concentrated this week. Next week, the market must focus on macroeconomic performance, including the US CPI, and monitor global central bank actions, particularly whether the Bank of Japan will raise interest rates. A stronger yen could impact global capital flows. (Editor: Zhang Liangzhi) 1150603