Taiwan Stocks Hit New High, New Taiwan Dollar Fluctuates Up 0.5 Cents to Close at 31.605
Despite escalating tensions in the Middle East, Taiwan's stock market closed at a new record high, and the New Taiwan Dollar saw a slight appreciation. The market is closely watching geopolitical risks and foreign capital movements.
📋 Article Processing Timeline
- 📰 Published: May 5, 2026 at 19:55
- 🔍 Collected: May 5, 2026 at 20:01 (6 min after Published)
- 🤖 AI Analyzed: May 5, 2026 at 20:46 (44 min after Collected)
Central News Agency
(Central News Agency reporter Chao Min-ya, Taipei, May 5th) As tensions in the Middle East escalated again, the global financial market's wait-and-see sentiment intensified. Taiwan's stock and foreign exchange markets fluctuated simultaneously. The Taiwan Stock Exchange closed at 40769.29 points, setting a new closing high; the New Taiwan Dollar fluctuated up and down by 1.1 cents during intraday trading, closing at 31.605 NTD, an appreciation of 0.5 cents. The total transaction amount in the Taipei and Yuanta foreign exchange markets was 2.3375 billion US dollars.
Tensions in the Middle East are high. A senior US military official stated that the US military destroyed several Iranian vessels and intercepted multiple missiles fired at warships and merchant ships; Iran, in turn, fired cruise missiles near US destroyers as a show of force. With rising geopolitical risks, all four major US stock indices closed lower, and the US dollar index rose.
Taiwan stocks fluctuated by 362.27 points today, reaching an intraday high of 40885.05 points, setting a historical new high, and falling to a low of 40522.78 points. It finally closed at 40769.29 points, setting another new closing high. The three major institutional investors net sold 2.737 billion NTD in Taiwan stocks, of which foreign investors net bought 3.939 billion NTD, marking two consecutive days of net buying.
The New Taiwan Dollar opened at 31.63 NTD against the US dollar today. Reflecting the rise in the US dollar index, it once depreciated to 31.67 NTD. With foreign capital inflows, the exchange rate turned from red to black, appreciating to a high of 31.56 NTD. In the afternoon, it depreciated several times, finally appreciating slightly by 0.5 cents, marking two consecutive days of appreciation.
Foreign exchange traders pointed out that foreign investors still net bought Taiwan stocks today, but the scale was significantly reduced compared to yesterday; in the foreign exchange market, foreign investors had both inflows and outflows, mainly inflows in the morning, turning to outflows in the afternoon. Exporters' willingness to sell foreign currency at the 31.5 NTD level was low, and the supporting force was limited.
Foreign exchange traders stated that the foreign exchange market will still be dominated by foreign capital movements in the near future. The intraday high-low spread exceeded 1 cent. It is estimated that the New Taiwan Dollar will consolidate within the range of 31.45 NTD to 31.75 NTD in the short term; if foreign investors take profits at high points and increase outflows later, the New Taiwan Dollar may return to a gradual depreciation pattern.
According to the central bank's statistics, the US dollar index appreciated by 0.17%, the Japanese Yen depreciated by 0.22%, the Singapore Dollar depreciated by 0.2%, and the New Taiwan Dollar appreciated slightly by 0.02%. The Renminbi and Korean Won were closed for holidays. (Edited by Huang Kuo-lun) 1150505
Choose to stand with facts, every sponsorship is a force to protect press freedom.
Download CNA's "First-hand News" APP to stay updated with the latest news.
The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.
(Central News Agency reporter Chao Min-ya, Taipei, May 5th) As tensions in the Middle East escalated again, the global financial market's wait-and-see sentiment intensified. Taiwan's stock and foreign exchange markets fluctuated simultaneously. The Taiwan Stock Exchange closed at 40769.29 points, setting a new closing high; the New Taiwan Dollar fluctuated up and down by 1.1 cents during intraday trading, closing at 31.605 NTD, an appreciation of 0.5 cents. The total transaction amount in the Taipei and Yuanta foreign exchange markets was 2.3375 billion US dollars.
Tensions in the Middle East are high. A senior US military official stated that the US military destroyed several Iranian vessels and intercepted multiple missiles fired at warships and merchant ships; Iran, in turn, fired cruise missiles near US destroyers as a show of force. With rising geopolitical risks, all four major US stock indices closed lower, and the US dollar index rose.
Taiwan stocks fluctuated by 362.27 points today, reaching an intraday high of 40885.05 points, setting a historical new high, and falling to a low of 40522.78 points. It finally closed at 40769.29 points, setting another new closing high. The three major institutional investors net sold 2.737 billion NTD in Taiwan stocks, of which foreign investors net bought 3.939 billion NTD, marking two consecutive days of net buying.
The New Taiwan Dollar opened at 31.63 NTD against the US dollar today. Reflecting the rise in the US dollar index, it once depreciated to 31.67 NTD. With foreign capital inflows, the exchange rate turned from red to black, appreciating to a high of 31.56 NTD. In the afternoon, it depreciated several times, finally appreciating slightly by 0.5 cents, marking two consecutive days of appreciation.
Foreign exchange traders pointed out that foreign investors still net bought Taiwan stocks today, but the scale was significantly reduced compared to yesterday; in the foreign exchange market, foreign investors had both inflows and outflows, mainly inflows in the morning, turning to outflows in the afternoon. Exporters' willingness to sell foreign currency at the 31.5 NTD level was low, and the supporting force was limited.
Foreign exchange traders stated that the foreign exchange market will still be dominated by foreign capital movements in the near future. The intraday high-low spread exceeded 1 cent. It is estimated that the New Taiwan Dollar will consolidate within the range of 31.45 NTD to 31.75 NTD in the short term; if foreign investors take profits at high points and increase outflows later, the New Taiwan Dollar may return to a gradual depreciation pattern.
According to the central bank's statistics, the US dollar index appreciated by 0.17%, the Japanese Yen depreciated by 0.22%, the Singapore Dollar depreciated by 0.2%, and the New Taiwan Dollar appreciated slightly by 0.02%. The Renminbi and Korean Won were closed for holidays. (Edited by Huang Kuo-lun) 1150505
Choose to stand with facts, every sponsorship is a force to protect press freedom.
Download CNA's "First-hand News" APP to stay updated with the latest news.
The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.