US Stocks Set New Records, TSMC ADR Hits New High; Analysts: Taiwan Stock Market to Challenge 40,000 Points
US Nasdaq and Philadelphia Semiconductor Index set new records, with TSMC ADR surging 5.17% to a new high of $402.46, driving the Taiwan stock market to challenge the 40,000-point mark. Analysts point out that the FSC's relaxation of the investment limit for Taiwan stock funds in TSMC to 25% has encouraged capital to concentrate on blue-chip stocks, anticipating strong short-term momentum for the Taiwan stock market.
📋 Article Processing Timeline
- 📰 Published: April 27, 2026 at 09:43
- 🔍 Collected: April 27, 2026 at 10:01 (18 min after Published)
- 🤖 AI Analyzed: April 28, 2026 at 17:07 (31h 5m after Collected)
Central News Agency
(Central News Agency reporter Chung Jung-feng, Taipei 27th) Despite reports of gunshots at the White House Correspondents' Dinner involving US President Trump, no progress in US-Iran negotiations, and continued obstruction of passage through the Strait of Hormuz, the US stock market saw Nasdaq and the Philadelphia Semiconductor Index set new historical highs on the 24th. TSMC's American Depositary Receipts (ADR) rose 5.17% to a new high, closing at $402.46. Taiwan stock index futures also rose 544 points in after-hours trading, closing at a new high of 39766 points. Analysts expect the Taiwan stock market to continue its upward trend today, with a chance to challenge the 40,000-point mark for the first time.
Observing the movements of the Taiwan stock market, futures analysts noted that in recent days, capital has clearly shifted rapidly from small and medium-sized stocks to blue-chip groups, focusing firepower on boosting core components of the weighted index. Trading volume has remained at a high level of over NT$1 trillion, indicating an aggressive market driven by real capital momentum and a healthy upward trend.
Analysts pointed out that the Financial Supervisory Commission (FSC) relaxed the investment limit for Taiwan stock funds and active ETFs in TSMC to 25%, opening a door for active ETF capital. Funds previously restricted by allocation ratios can now further increase their holdings. This institutional deregulation has led to sustained buying, with the market continuing to concentrate firepower on leading blue-chip stocks. It is expected that the Taiwan stock market will have strong upward momentum in the short term, with the index challenging 40,000 points. However, attention should be paid to increased volatility due to rapid gains. This week, focus will be on the outlook from major electronics companies' investor conferences and the US Federal Reserve's (Fed) interest rate decision meeting.
Gunshots were reported at the White House Correspondents' Dinner attended by US President Trump, and the suspect was apprehended. On the other hand, US-Iran negotiations have made no progress. Trump stated on the 26th that Iran could call for negotiations to end the war, while Iran's foreign minister would consult with Russian President Putin. The standoff around the global key waterway, the Strait of Hormuz, continues, with Iran still restricting ship passage and the US blocking Iranian ports.
Most US stocks closed higher on the 24th, with the Nasdaq and S&P 500 indexes setting new highs. The Dow Jones Industrial Average fell 79.61 points, or 0.16%, to close at 49230.71 points; the S&P 500 index rose 56.68 points, or 0.8%, to close at 7165.08 points; the Nasdaq Composite Index rose 398.10 points, or 1.63%, to close at 24836.60 points.
The Philadelphia Semiconductor Index rose 435.092 points, or 4.32%, to close at 10513.664 points, also reaching a new historical high. AI chip giant NVIDIA rose 4.32% to close at $208.27. TSMC's American Depositary Receipts (ADR) surpassed $400 for the first time, closing up 5.17% at $402.46.
On the 24th, TSMC set new intraday and closing highs of NT$2190 and NT$2185, respectively, driving the Taiwan stock market to close at 38932.4 points, another new closing high, surging 1218.25 points, marking the 5th largest single-day gain in Taiwan stock history. The index reached an intraday high of 38989.94 points, also a new high for Taiwan stocks.
On the 24th, the three major institutional investors collectively bought NT$54.586 billion, with proprietary traders buying NT$8.878 billion, investment trusts buying NT$1.8 billion, and foreign and mainland investors buying NT$43.908 billion. According to statistics, foreign investors have cumulatively bought NT$440.3 billion in Taiwan stocks since April.
In Taiwan stock index futures net positions, the three major institutional investors reduced their net short positions by 1968 contracts to 3868 contracts on the 24th, with foreign investors reducing their net short positions by 3394 contracts to 40633 contracts. (Editor: Lin Chia-hsien) 1150427
Choose to stand with facts, every sponsorship you make is a force to protect press freedom.
Download the Central News Agency "First-hand News" APP to stay updated with the latest news.
The text, images, and audio-visual content on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.
(Central News Agency reporter Chung Jung-feng, Taipei 27th) Despite reports of gunshots at the White House Correspondents' Dinner involving US President Trump, no progress in US-Iran negotiations, and continued obstruction of passage through the Strait of Hormuz, the US stock market saw Nasdaq and the Philadelphia Semiconductor Index set new historical highs on the 24th. TSMC's American Depositary Receipts (ADR) rose 5.17% to a new high, closing at $402.46. Taiwan stock index futures also rose 544 points in after-hours trading, closing at a new high of 39766 points. Analysts expect the Taiwan stock market to continue its upward trend today, with a chance to challenge the 40,000-point mark for the first time.
Observing the movements of the Taiwan stock market, futures analysts noted that in recent days, capital has clearly shifted rapidly from small and medium-sized stocks to blue-chip groups, focusing firepower on boosting core components of the weighted index. Trading volume has remained at a high level of over NT$1 trillion, indicating an aggressive market driven by real capital momentum and a healthy upward trend.
Analysts pointed out that the Financial Supervisory Commission (FSC) relaxed the investment limit for Taiwan stock funds and active ETFs in TSMC to 25%, opening a door for active ETF capital. Funds previously restricted by allocation ratios can now further increase their holdings. This institutional deregulation has led to sustained buying, with the market continuing to concentrate firepower on leading blue-chip stocks. It is expected that the Taiwan stock market will have strong upward momentum in the short term, with the index challenging 40,000 points. However, attention should be paid to increased volatility due to rapid gains. This week, focus will be on the outlook from major electronics companies' investor conferences and the US Federal Reserve's (Fed) interest rate decision meeting.
Gunshots were reported at the White House Correspondents' Dinner attended by US President Trump, and the suspect was apprehended. On the other hand, US-Iran negotiations have made no progress. Trump stated on the 26th that Iran could call for negotiations to end the war, while Iran's foreign minister would consult with Russian President Putin. The standoff around the global key waterway, the Strait of Hormuz, continues, with Iran still restricting ship passage and the US blocking Iranian ports.
Most US stocks closed higher on the 24th, with the Nasdaq and S&P 500 indexes setting new highs. The Dow Jones Industrial Average fell 79.61 points, or 0.16%, to close at 49230.71 points; the S&P 500 index rose 56.68 points, or 0.8%, to close at 7165.08 points; the Nasdaq Composite Index rose 398.10 points, or 1.63%, to close at 24836.60 points.
The Philadelphia Semiconductor Index rose 435.092 points, or 4.32%, to close at 10513.664 points, also reaching a new historical high. AI chip giant NVIDIA rose 4.32% to close at $208.27. TSMC's American Depositary Receipts (ADR) surpassed $400 for the first time, closing up 5.17% at $402.46.
On the 24th, TSMC set new intraday and closing highs of NT$2190 and NT$2185, respectively, driving the Taiwan stock market to close at 38932.4 points, another new closing high, surging 1218.25 points, marking the 5th largest single-day gain in Taiwan stock history. The index reached an intraday high of 38989.94 points, also a new high for Taiwan stocks.
On the 24th, the three major institutional investors collectively bought NT$54.586 billion, with proprietary traders buying NT$8.878 billion, investment trusts buying NT$1.8 billion, and foreign and mainland investors buying NT$43.908 billion. According to statistics, foreign investors have cumulatively bought NT$440.3 billion in Taiwan stocks since April.
In Taiwan stock index futures net positions, the three major institutional investors reduced their net short positions by 1968 contracts to 3868 contracts on the 24th, with foreign investors reducing their net short positions by 3394 contracts to 40633 contracts. (Editor: Lin Chia-hsien) 1150427
Choose to stand with facts, every sponsorship you make is a force to protect press freedom.
Download the Central News Agency "First-hand News" APP to stay updated with the latest news.
The text, images, and audio-visual content on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.