Taiwan stock market surges 1386 points this week, total market capitalization of listed companies exceeds NT$120 trillion

Taipei, April 17 (CNA) The Taiwan stock market successfully broke above the 37000-point mark on April 16, setting a new historical high, driven by easing US-Iran tensions and TSMC's investor conference. Although TSMC's decline on April 17 dragged down the broader market, the Taiwan stock market still surged 1386.51 points, or 3.91%, for the entire week, with the main board index closing at 36804.34 points today.

According to statistics from the Taiwan Stock Exchange, the total market capitalization of listed companies reached NT$120.0594 trillion, an increase of approximately NT$4.5 trillion from last week.

In terms of industry indices, the glass and ceramics sector saw the largest increase this week, rising by 26.51%, while the paper industry index experienced the largest decline, falling by 1.57%. Other non-financial indices rose by 1324.65 points, an increase of approximately 4.17%; non-electronic indices rose by 508.83 points, an increase of approximately 2.56%; and non-financial and non-electronic indices rose by 497.71 points, an increase of approximately 3.60%.

This week, the total trading value of all listed stocks was NT$4.3819 trillion. The top three industries by trading value were semiconductors, with NT$1.6299 trillion, accounting for 37.20% of the total trading value of all listed stocks; electronic components, with NT$966.512 billion, accounting for 22.06%; and optoelectronics, with NT$330.043 billion, accounting for 7.53%.

In addition, the stock turnover rate this week was 4.25%. The top three industries by stock turnover rate were glass and ceramics at 34.14%, optoelectronics at 21.25%, and electronic components at 14.52%.

As of the beginning of this year, after 66 trading days, the total trading value of the main board market was NT$53.7202 trillion, with an average daily trading value of NT$813.944 billion. The stock turnover rate was 54.97%, and the average daily stock turnover rate was 0.83%. (Editor: Yang Kai-hsiang) 1150417