Taiwan Stocks Fluctuate by 1,757 Points with a Record 1.4 Trillion Volume, Closing Down 164 Points at 37,714

(CNA Reporter Chang Chien-chung, Taipei, 23rd) The Taiwan stock market surged to 38,921.95 points intraday today, hitting an all-time high, which subsequently triggered a wave of profit-taking. The index plummeted to a low of 37,164.445 points, representing a massive intraday swing of 1,757.51 points. It ultimately closed at 37,714.15 points, down 164.32 points, with an astounding turnover of NT$1.4014 trillion, setting a new historical record for trading volume.

TSMC surged to NT$2,135 intraday, setting a new all-time high price. The gains narrowed by the close, ending at NT$2,080, up NT$30, bringing its market capitalization to NT$53.93 trillion and contributing approximately 238 points to the broader market index. Other electronic heavyweights and high-priced stocks saw mixed results: Hon Hai (Foxconn) and Hon-Ching closed higher, while Delta Electronics, MediaTek, and the highest-priced stock ASPEED closed lower. The overall electronics sector index fell by 0.25%.

Most traditional industry stocks closed lower. The glass sector index plunged over 6%, while plastics and cables fell more than 3%. The textiles, paper, steel, automotive, shipping, tourism, and department store sectors all dropped over 1%. Bucking the trend, the cement and construction sector indices closed higher, demonstrating relative strength.