U.S.-Iran Peace Deal Boosts Asian Stocks; Taiwan Index Soars 1,269 Points to 45,438

U.S. President Donald Trump announced the completion of a peace agreement with Iran, triggering sharp gains in Japanese and South Korean stock markets. Taiwan's stock market followed suit, with the weighted index briefly reaching 45,438.71 points, up 1,269.67 points. Strong performances were seen across electronics heavyweight stocks and passive component companies.

By 10:40 a.m., the Taiwan weighted index stood at 45,296.88 points, up 1,127.84 points, with a total trading value of NT$660.8 billion.

The electronics and financial sub-indices rose over 2%, serving as the primary drivers of the market surge. TSMC reached a high of NT$2,365, up NT$55, contributing approximately 437 points to the index. MediaTek surged over 7%, while Yageo and Largan Precision hit their daily trading limits. Hon Hai rose 2.88%.

In traditional industries, stocks within the Formosa Plastics Group—including Formosa Plastics, Nan Ya Plastics, and Formosa Chemicals—performed strongly, pushing the plastics sub-index up over 4%. Cable and glass stocks also posted gains exceeding 3%. In contrast, food and construction sub-indices fluctuated lower, showing relative weakness.