Taiwan Stock Market's Total Market Capitalization Exceeds NT$148 Trillion, Setting New Record; Top 3 Leading Stocks Account for Over 50% Weight

TAIPEI (CNA) -- The Taiwan stock market today broke through 42,000 points for the first time during intraday trading. The closing index and market capitalization both reached new highs, setting new records for Taiwan stocks. The market capitalization of listed companies reached NT$136.77 trillion, and OTC companies surpassed NT$11.34 trillion, with the combined total market capitalization of listed and OTC companies exceeding NT$148 trillion, all setting historical records; among them, the three major weighted stocks, TSMC, Delta Electronics, and MediaTek, collectively accounted for over 52% of the weight of listed companies.

The Taiwan stock market today first attacked 42,000 points, surging 1017.21 points during intraday trading to a new high of 42156.06 points; although the gains of weighted stocks narrowed at the close, failing to hold above 42,000 points, the index still set a new closing high of 41933.78 points, rising 794.93 points, once again setting multiple Taiwan stock records including index and market capitalization new highs.

Today, the total market capitalization of listed companies reached NT$136,772.632 billion, an increase of NT$2,610.982 billion from NT$134,161.65 billion on May 6, continuing to set a new high for Taiwan stock market capitalization; the total market capitalization of OTC companies also reached NT$11,343.017 billion today, setting a new high for OTC market capitalization. The combined total market capitalization of listed and OTC companies today reached NT$148,115.649 billion, once again setting a historical record.

King of weights, TSMC, today set a new intraday high of NT$2345 and also a new closing high of NT$2310, driving TSMC's market capitalization today to NT$59.9 trillion, accounting for 43.8% of the weight of Taiwan's listed companies.

Delta Electronics' stock price also showed strong performance today, hitting a new intraday high of NT$2370 and closing at NT$2280. Delta Electronics' market capitalization today reached NT$5.92 trillion, ranking second among individual stocks; MediaTek was included in restricted trading today, and although it saw a slight decline at the close, its market capitalization still stood at NT$5.48 trillion, ranking third in market capitalization.

According to statistics, the combined market capitalization of the three major weighted stocks, TSMC, Delta Electronics, and MediaTek, reached NT$71.3 trillion, accounting for 52.13% of the weight of Taiwan's listed companies.

Lin Han-wei, an analyst at Moore Investment Consulting, told a CNA reporter in a phone interview that the strong electronic weighted stocks on the market today are all companies with record-high performance, also benefiting from the demand in the artificial intelligence (AI) industry. This is mainly due to funds continuously rotating among large weighted stocks, with institutional and retail investors actively entering the market through active or passive ETFs. The capital structure of Taiwan stocks continues to improve, favoring the strong leadership of weighted stocks. (Editor: Chang Liang-chih) 1150507

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