Taiwan Stocks Hit New High Again, New Taiwan Dollar Rises for 2nd Consecutive Day to NT$31.489
Despite uncertainty in US-Iran talks, easing market jitters led Taiwan's stock market to a new record high, while the New Taiwan Dollar rose by 4.2 cents against the US Dollar, closing at NT$31.489, its highest in over a month and a half.
📋 Article Processing Timeline
- 📰 Published: April 21, 2026 at 19:47
- 🔍 Collected: April 21, 2026 at 20:01 (14 min after Published)
- 🤖 AI Analyzed: April 21, 2026 at 21:10 (1h 8m after Collected)
Central News
(Central News Agency reporter Chao Min-ya, Taipei, 21st) Despite the unclear prospects of negotiations between the United States and Iran, market risk aversion has cooled. Taiwan's stock market was on a roll today, with both intraday and closing indices hitting new historical highs. The New Taiwan Dollar also strengthened, surging nearly NT$0.1 during intraday trading, closing at NT$31.489, an appreciation of NT$0.042, marking its highest level in over a month and a half. The exchange rate turned red for the second consecutive day, with a total transaction amount of US$2.0345 billion in the Taipei and Yuanta foreign exchange markets.
The United States and Iran have warned they are prepared for war, and with the two-week ceasefire counting down, bilateral negotiations remain uncertain. However, the market's negative reaction to the Middle East conflict has gradually dulled. Taiwan stocks opened higher today, surged over 800 points during intraday trading, hitting a high of 37781.83 points. The Taiex index closed up 646.31 points at 37605.11 points, with both intraday and closing indices setting new records.
The three major institutional investors collectively bought NT$67.656 billion in Taiwan stocks, with foreign investors making a massive net purchase of NT$60.153 billion, the seventh-largest single-day net purchase in history.
The New Taiwan Dollar opened at NT$31.5 against the US Dollar today, and subsequently, supported by a weaker US Dollar, a strong Taiwan stock market, and an inflow of hot money, broke through the NT$31.5 mark, touching a high of NT$31.436, an appreciation of nearly NT$0.1. The appreciation narrowed by the close but still held above NT$31.4, its highest level since early March.
Foreign exchange traders stated that Taiwan stocks hit a new high today, and the strong inflow of foreign capital drove the appreciation of the New Taiwan Dollar. Exporters, seeing the recent upward trend in the exchange rate, entered the market to sell foreign currency. Importers, on the other hand, bought at around NT$31.45 and NT$31.46. The buyers and sellers were in a tug-of-war, with stronger buying from importers narrowing the appreciation.
The foreign exchange trader stated bluntly that with the strong recent performance of Taiwan stocks, the New Taiwan Dollar should be in a gradual appreciation trend. As the Middle East situation has not fully concluded, although negative impacts are gradually fading, the market remains cautious. "To break above NT$31.3, more positive news is needed to support it."
According to the central bank's statistics, the US Dollar index depreciated by 0.04% today, and most major Asian currencies appreciated. The Korean Won sharply appreciated by 0.31%, the New Taiwan Dollar by 0.13%, the Renminbi by 0.06%, and the Singapore Dollar by 0.02%. Only the Japanese Yen depreciated by 0.04%. (Edited by Yang Lan-hsuan) 1150421
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(Central News Agency reporter Chao Min-ya, Taipei, 21st) Despite the unclear prospects of negotiations between the United States and Iran, market risk aversion has cooled. Taiwan's stock market was on a roll today, with both intraday and closing indices hitting new historical highs. The New Taiwan Dollar also strengthened, surging nearly NT$0.1 during intraday trading, closing at NT$31.489, an appreciation of NT$0.042, marking its highest level in over a month and a half. The exchange rate turned red for the second consecutive day, with a total transaction amount of US$2.0345 billion in the Taipei and Yuanta foreign exchange markets.
The United States and Iran have warned they are prepared for war, and with the two-week ceasefire counting down, bilateral negotiations remain uncertain. However, the market's negative reaction to the Middle East conflict has gradually dulled. Taiwan stocks opened higher today, surged over 800 points during intraday trading, hitting a high of 37781.83 points. The Taiex index closed up 646.31 points at 37605.11 points, with both intraday and closing indices setting new records.
The three major institutional investors collectively bought NT$67.656 billion in Taiwan stocks, with foreign investors making a massive net purchase of NT$60.153 billion, the seventh-largest single-day net purchase in history.
The New Taiwan Dollar opened at NT$31.5 against the US Dollar today, and subsequently, supported by a weaker US Dollar, a strong Taiwan stock market, and an inflow of hot money, broke through the NT$31.5 mark, touching a high of NT$31.436, an appreciation of nearly NT$0.1. The appreciation narrowed by the close but still held above NT$31.4, its highest level since early March.
Foreign exchange traders stated that Taiwan stocks hit a new high today, and the strong inflow of foreign capital drove the appreciation of the New Taiwan Dollar. Exporters, seeing the recent upward trend in the exchange rate, entered the market to sell foreign currency. Importers, on the other hand, bought at around NT$31.45 and NT$31.46. The buyers and sellers were in a tug-of-war, with stronger buying from importers narrowing the appreciation.
The foreign exchange trader stated bluntly that with the strong recent performance of Taiwan stocks, the New Taiwan Dollar should be in a gradual appreciation trend. As the Middle East situation has not fully concluded, although negative impacts are gradually fading, the market remains cautious. "To break above NT$31.3, more positive news is needed to support it."
According to the central bank's statistics, the US Dollar index depreciated by 0.04% today, and most major Asian currencies appreciated. The Korean Won sharply appreciated by 0.31%, the New Taiwan Dollar by 0.13%, the Renminbi by 0.06%, and the Singapore Dollar by 0.02%. Only the Japanese Yen depreciated by 0.04%. (Edited by Yang Lan-hsuan) 1150421
Choose to stand with facts, every sponsorship you make is a force for protecting press freedom.
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All text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.