ETF Investment Caps Relaxed; TSMC Hits Record High, Leading TAIEX to Soar 1,218 Points
Taiwan's Financial Supervisory Commission relaxed the upper limit for domestic equity funds and active ETFs to invest in TSMC. Driven by this, TSMC's stock reached record highs, and the TAIEX closed at a historic 38,932.4 points, surging 1,218.25 points.
📋 Article Processing Timeline
- 📰 Published: April 24, 2026 at 16:24
- 🔍 Collected: April 24, 2026 at 16:31 (7 min after Published)
- 🤖 AI Analyzed: April 24, 2026 at 22:03 (5h 31m after Collected)
Central News Agency
(CNA Reporter Pan Chih-yi, Taipei, 24th) The Financial Supervisory Commission (FSC) relaxed the upper limit for domestic equity funds and active ETFs to invest in TSMC, propelling TSMC to new intraday and closing record highs of 2190 NTD and 2185 NTD today. This led the Taiwan Stock Exchange Capitalization Weighted Stock Index (TAIEX) to close at 38,932.4 points, setting another record high. The index surged 1,218.25 points today, marking the 5th largest single-day point gain in the history of Taiwan stocks.
The weighted index reached 38,989.94 points intraday today, hitting a new high for Taiwan stocks, and closed at 38,932.4 points, a massive surge of 1,218.25 points, or 3.23%. The trading volume was 1.03292 trillion NTD.
TSMC reached 2190 NTD intraday today, up 110 NTD, and closed at 2185 NTD, up 105 NTD, setting new intraday and closing record highs; Delta Electronics closed at 2075 NTD, up 95 NTD, setting a new closing high; Foxconn (Hon Hai) closed at 221.5 NTD, down 3.5 NTD.
Most of the silicon photonics concept stocks, which had surged recently, fell back today. LandMark Optoelectronics closed at 2820 NTD, down 200 NTD, a drop of 6.62%; Lingsen Precision closed at 318 NTD, down 15.5 NTD, a drop of 4.65%; Browave closed at 1880 NTD, down 140 NTD, a drop of 6.93%; however, LuxNet fell to the limit down price of 511 NTD intraday but then trended higher against the broader movement to rise by 37 NTD, closing at 604 NTD, up 6.53%, strongly defending the 10-day moving average of 587 NTD.
Liu Cheng-yu, Vice President of First Capital Management, stated in a telephone interview that the FSC's relaxation of the upper limit for active ETFs to invest in TSMC drove TSMC's rise, further pulling the Taiwan stock market up by over a thousand points. The short-term observation indicator continues to look at the 10-day moving average; because the pressure before the 40,000-point barrier is too high, the previous trading day saw massive volume and margin selling, so the chips have become relatively stable. It is generally expected to be optimistic before the FTSE Taiwan Index Futures settlement at the end of April.
Liu Cheng-yu explained that ETFs previously had a cap on their investment in TSMC. Once TSMC's stock price surged, its proportion of the ETF's net asset value might exceed the 10% limit, forcing them to sell TSMC. Therefore, after the FSC relaxed the restriction, it will be beneficial for ETFs to hold TSMC, which is the main reason for the rise in Taiwan stocks today. (Editor: Chang Liang-chih) 1150424
Stand with the facts; every sponsorship you make is the strength to protect press freedom.
Download the CNA 'First Hand News' APP to instantly grasp the latest news.
The text, images, and audio/video on this website may not be reproduced, publicly broadcast, or publicly transmitted and utilized without authorization.
(CNA Reporter Pan Chih-yi, Taipei, 24th) The Financial Supervisory Commission (FSC) relaxed the upper limit for domestic equity funds and active ETFs to invest in TSMC, propelling TSMC to new intraday and closing record highs of 2190 NTD and 2185 NTD today. This led the Taiwan Stock Exchange Capitalization Weighted Stock Index (TAIEX) to close at 38,932.4 points, setting another record high. The index surged 1,218.25 points today, marking the 5th largest single-day point gain in the history of Taiwan stocks.
The weighted index reached 38,989.94 points intraday today, hitting a new high for Taiwan stocks, and closed at 38,932.4 points, a massive surge of 1,218.25 points, or 3.23%. The trading volume was 1.03292 trillion NTD.
TSMC reached 2190 NTD intraday today, up 110 NTD, and closed at 2185 NTD, up 105 NTD, setting new intraday and closing record highs; Delta Electronics closed at 2075 NTD, up 95 NTD, setting a new closing high; Foxconn (Hon Hai) closed at 221.5 NTD, down 3.5 NTD.
Most of the silicon photonics concept stocks, which had surged recently, fell back today. LandMark Optoelectronics closed at 2820 NTD, down 200 NTD, a drop of 6.62%; Lingsen Precision closed at 318 NTD, down 15.5 NTD, a drop of 4.65%; Browave closed at 1880 NTD, down 140 NTD, a drop of 6.93%; however, LuxNet fell to the limit down price of 511 NTD intraday but then trended higher against the broader movement to rise by 37 NTD, closing at 604 NTD, up 6.53%, strongly defending the 10-day moving average of 587 NTD.
Liu Cheng-yu, Vice President of First Capital Management, stated in a telephone interview that the FSC's relaxation of the upper limit for active ETFs to invest in TSMC drove TSMC's rise, further pulling the Taiwan stock market up by over a thousand points. The short-term observation indicator continues to look at the 10-day moving average; because the pressure before the 40,000-point barrier is too high, the previous trading day saw massive volume and margin selling, so the chips have become relatively stable. It is generally expected to be optimistic before the FTSE Taiwan Index Futures settlement at the end of April.
Liu Cheng-yu explained that ETFs previously had a cap on their investment in TSMC. Once TSMC's stock price surged, its proportion of the ETF's net asset value might exceed the 10% limit, forcing them to sell TSMC. Therefore, after the FSC relaxed the restriction, it will be beneficial for ETFs to hold TSMC, which is the main reason for the rise in Taiwan stocks today. (Editor: Chang Liang-chih) 1150424
Stand with the facts; every sponsorship you make is the strength to protect press freedom.
Download the CNA 'First Hand News' APP to instantly grasp the latest news.
The text, images, and audio/video on this website may not be reproduced, publicly broadcast, or publicly transmitted and utilized without authorization.