Taiwan Stocks Hit Record High on AI Hype; NT Dollar Closes at 31.44
Driven by the COMPUTEX trade show and AI enthusiasm, Taiwan's stock market closed at a new record high on June 3, rising 901.85 points to 46,459.16. The New Taiwan Dollar closed at NT$31.44 against the US dollar, appreciating by 0.5 fen. Foreign investors net bought NT$43.396 billion, marking a fourth consecutive day of net buying. Forex traders expect the NT dollar to fluctuate between NT$31.4 and NT$31.6 in the short term.
📋 Article Processing Timeline
- 📰 Published: June 3, 2026 at 19:15
- 🔍 Collected: June 3, 2026 at 19:29 (14 min after Published)
- 🤖 AI Analyzed: June 6, 2026 at 16:32 (69h 2m after Collected)
(Central News Agency, reporter Zhao Minya, Taipei, June 3) The heating up of the Taipei International Computer Show (COMPUTEX) has boosted the momentum of artificial intelligence (AI) themes, and Taiwan's stock market closed at a new record high today. The New Taiwan Dollar shook off the depreciation gloom of yesterday, rising to as high as 31.396 during the session, and closing at 31.44, up 0.5 fen. The total transaction volume on the Taipei and Yuanta foreign exchange markets was US$2.311 billion.
COMPUTEX opened yesterday. NVIDIA CEO Jensen Huang visited supply chain booths today, keeping AI concept stocks hot and driving the Taiwan stock market to open high and go higher. The market hit an intraday high of 46,552.16 points, and finally closed up 901.85 points at 46,459.16 points. Both the intraday high and closing index set new historical records.
All three major institutional investors (foreign investors, investment trusts, and dealers) were on the buying side, with a combined net purchase of NT$51.565 billion. Among them, foreign investors net bought NT$43.396 billion, marking a fourth consecutive day of net buying.
With the outlook for US-Iran negotiations unclear, market risk aversion rose again, and the US dollar index strengthened. The New Taiwan Dollar opened against the US dollar at 31.43, and briefly pulled back to the flat level of 31.445. However, spurred by the strong rally in the Taiwan stock market, the exchange rate rose rapidly, reaching a high of 31.396. The gains narrowed in the afternoon, and the closing price failed to hold the 31.3 level.
According to statistics from the central bank, the US dollar index rose by 0.25%. Among major Asian currencies, only the New Taiwan Dollar appreciated slightly by 0.02%. The Singapore dollar depreciated by 0.28%, the Chinese yuan fell by 0.13%, the Japanese yen fell by 0.01%, and the South Korean won was on holiday.
A forex trader said that unlike yesterday when foreign investors were leaning towards remitting funds out, the inflow of funds today was significantly stronger, becoming the main driving force supporting the rise of the New Taiwan Dollar. Since the NT dollar has shown relatively strong performance among major Asian currencies, the central bank is not happy with the rapid pace of appreciation and therefore stepped in to adjust. "It is unlikely they want the closing price to reach the 31.3 level recently," the trader said.
The forex trader pointed out that the recent trend in the forex market is still dominated by the movements of foreign investors. In addition, the US-Iran conflict has lasted for more than three months, and the market is watching the progress of peace negotiations between the two sides. The related situation affects oil prices, inflation, and other aspects, and also influences the monetary policy decisions of major central banks. The NT dollar is expected to fluctuate between 31.4 and 31.6 in the short term. (Editor: Yang Lanxuan) 1150603
COMPUTEX opened yesterday. NVIDIA CEO Jensen Huang visited supply chain booths today, keeping AI concept stocks hot and driving the Taiwan stock market to open high and go higher. The market hit an intraday high of 46,552.16 points, and finally closed up 901.85 points at 46,459.16 points. Both the intraday high and closing index set new historical records.
All three major institutional investors (foreign investors, investment trusts, and dealers) were on the buying side, with a combined net purchase of NT$51.565 billion. Among them, foreign investors net bought NT$43.396 billion, marking a fourth consecutive day of net buying.
With the outlook for US-Iran negotiations unclear, market risk aversion rose again, and the US dollar index strengthened. The New Taiwan Dollar opened against the US dollar at 31.43, and briefly pulled back to the flat level of 31.445. However, spurred by the strong rally in the Taiwan stock market, the exchange rate rose rapidly, reaching a high of 31.396. The gains narrowed in the afternoon, and the closing price failed to hold the 31.3 level.
According to statistics from the central bank, the US dollar index rose by 0.25%. Among major Asian currencies, only the New Taiwan Dollar appreciated slightly by 0.02%. The Singapore dollar depreciated by 0.28%, the Chinese yuan fell by 0.13%, the Japanese yen fell by 0.01%, and the South Korean won was on holiday.
A forex trader said that unlike yesterday when foreign investors were leaning towards remitting funds out, the inflow of funds today was significantly stronger, becoming the main driving force supporting the rise of the New Taiwan Dollar. Since the NT dollar has shown relatively strong performance among major Asian currencies, the central bank is not happy with the rapid pace of appreciation and therefore stepped in to adjust. "It is unlikely they want the closing price to reach the 31.3 level recently," the trader said.
The forex trader pointed out that the recent trend in the forex market is still dominated by the movements of foreign investors. In addition, the US-Iran conflict has lasted for more than three months, and the market is watching the progress of peace negotiations between the two sides. The related situation affects oil prices, inflation, and other aspects, and also influences the monetary policy decisions of major central banks. The NT dollar is expected to fluctuate between 31.4 and 31.6 in the short term. (Editor: Yang Lanxuan) 1150603