Taiwan Stocks Fluctuated at High Levels, Closing Down 218 Points at 39,303
The Taiwan stock market experienced high volatility today, closing down 218.23 points at 39,303.50. Investors remained cautious ahead of earnings reports from major US technology companies.
📋 Article Processing Timeline
- 📰 Published: April 29, 2026 at 14:56
- 🔍 Collected: April 29, 2026 at 15:01 (5 min after Published)
- 🤖 AI Analyzed: April 29, 2026 at 15:39 (37 min after Collected)
Taiwan's main stock index fell by more than 600 points in early trading to 38,896.30, testing the 5-day moving average. However, the decline narrowed later, briefly turning positive during the session. Ultimately, the centralized market index ended down 218.23 points, closing at 39,303.50, with a trading value of NT$875.076 billion.
Performance among the four major weighted stocks was mixed. TSMC fell NT$35 or 1.58%, closing at NT$2,180. MediaTek dropped NT$40 or 1.53%, closing at NT$2,575. Hon Hai (Foxconn) slipped NT$0.5 or 0.22%,收225元. Delta Electronics, which is scheduled to hold an institutional investor conference tomorrow, fell as much as NT$90 in early trading but rallied to close up NT$40 or 1.88% at NT$2,165.
Financial stocks stepped up to support the market. Cathay Financial surged NT$3.9 or 5.22%, closing at NT$78.6, while Fubon Financial saw gains exceeding 3%.
Companies within the Formosa Plastics Group, including Nanya, Formosa Chemicals & Fibre, and Formosa Petrochemical, all ended with gains of over 2%.
Senior analyst Tsai Ming-han analyzed that after hitting record highs, the Taiwan stock market followed the Philadelphia Semiconductor Index into a correction. After breaking through 40,000 points on Monday to hit an all-time high, the market's divergence rate also simultaneously hit a new peak for this current AI wave.
Tsai warned that US tech giants including Meta, Google, Microsoft, Amazon, and Apple are all set to release their financial results. Since market expectations are currently very high, investors must be wary of the strict scrutiny the market will apply to these earnings reports.
Performance among the four major weighted stocks was mixed. TSMC fell NT$35 or 1.58%, closing at NT$2,180. MediaTek dropped NT$40 or 1.53%, closing at NT$2,575. Hon Hai (Foxconn) slipped NT$0.5 or 0.22%,收225元. Delta Electronics, which is scheduled to hold an institutional investor conference tomorrow, fell as much as NT$90 in early trading but rallied to close up NT$40 or 1.88% at NT$2,165.
Financial stocks stepped up to support the market. Cathay Financial surged NT$3.9 or 5.22%, closing at NT$78.6, while Fubon Financial saw gains exceeding 3%.
Companies within the Formosa Plastics Group, including Nanya, Formosa Chemicals & Fibre, and Formosa Petrochemical, all ended with gains of over 2%.
Senior analyst Tsai Ming-han analyzed that after hitting record highs, the Taiwan stock market followed the Philadelphia Semiconductor Index into a correction. After breaking through 40,000 points on Monday to hit an all-time high, the market's divergence rate also simultaneously hit a new peak for this current AI wave.
Tsai warned that US tech giants including Meta, Google, Microsoft, Amazon, and Apple are all set to release their financial results. Since market expectations are currently very high, investors must be wary of the strict scrutiny the market will apply to these earnings reports.