Taiwan Stock Market Fluctuates Down 800 Points Intraday, Finds Temporary Support at 5-Day Moving Average
The Taiwan stock market experienced an intraday drop of over 800 points due to geopolitical anxiety and profit-taking, but found temporary support at the 5-day moving average, narrowing its decline. MediaTek bucked the trend to hit a new high, while AI-related and memory stocks fell sharply.
📋 Article Processing Timeline
- 📰 Published: May 8, 2026 at 12:13
- 🔍 Collected: May 8, 2026 at 12:32 (18 min after Published)
- 🤖 AI Analyzed: May 9, 2026 at 00:33 (12h 1m after Collected)
Central News Agency
(Central News Agency reporter Wu Chia-hao, Taipei, May 8) Geopolitical anxiety shrouded the market, triggering technical overheating corrections and short-term profit-taking pressure. The Taiwan stock market opened lower today, falling to 41700 points. Bargain-hunting quickly entered the market, and the index briefly turned positive, rising back above 42000 points. It then fluctuated downwards again, testing the support of the 5-day moving average at 41208 points. After an intraday drop of over 800 points, the decline narrowed; heavyweight stock MediaTek turned positive intraday, continuing to set a new high of NT$3670.
As of 10:41 AM, the Taiwan Stock Exchange Weighted Index reached 41472.84 points, down 460.94 points, a decrease of 1.1%, with a turnover of NT$817.087 billion.
Observing the performance of heavyweight stocks, TSMC fell to NT$2265 intraday, a decrease of approximately 1.95%, affected by the decline in its American Depositary Receipts (ADR). Hon Hai faced adjustment pressure, falling over 3% intraday to a low of NT$245.5.
MediaTek, due to its previous significant gains, was listed as a disposition stock. Its share price opened lower today but quickly rebounded to positive, reaching a new high of NT$3670, a strong increase of over 7%.
Today, market funds withdrew from AI hardware supply chains such as AI servers and printed circuit boards (PCBs), which had seen large gains. Quanta Computer plunged to its limit down at NT$2305, and Unimicron Technology's intraday decline exceeded 9%.
Low-base themes and defensive groups were favored by funds. Passive component leader Yageo rose over 7% to reach the NT$400 mark, and network communication manufacturer Accton Technology hit its daily limit up at NT$42.55 in early trading.
The memory sector became a hard-hit area, with short-term funds withdrawing. Winbond Electronics plunged over 9% to a low of NT$149; Nanya Technology and Winbond Electronics both fell over 9% intraday to lows of NT$260 and NT$103.5, respectively. (Edited by: Chang Liang-chih) 1150508
Choose to stand with facts, every sponsorship you provide 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, publicly transmitted, or utilized without authorization.
(Central News Agency reporter Wu Chia-hao, Taipei, May 8) Geopolitical anxiety shrouded the market, triggering technical overheating corrections and short-term profit-taking pressure. The Taiwan stock market opened lower today, falling to 41700 points. Bargain-hunting quickly entered the market, and the index briefly turned positive, rising back above 42000 points. It then fluctuated downwards again, testing the support of the 5-day moving average at 41208 points. After an intraday drop of over 800 points, the decline narrowed; heavyweight stock MediaTek turned positive intraday, continuing to set a new high of NT$3670.
As of 10:41 AM, the Taiwan Stock Exchange Weighted Index reached 41472.84 points, down 460.94 points, a decrease of 1.1%, with a turnover of NT$817.087 billion.
Observing the performance of heavyweight stocks, TSMC fell to NT$2265 intraday, a decrease of approximately 1.95%, affected by the decline in its American Depositary Receipts (ADR). Hon Hai faced adjustment pressure, falling over 3% intraday to a low of NT$245.5.
MediaTek, due to its previous significant gains, was listed as a disposition stock. Its share price opened lower today but quickly rebounded to positive, reaching a new high of NT$3670, a strong increase of over 7%.
Today, market funds withdrew from AI hardware supply chains such as AI servers and printed circuit boards (PCBs), which had seen large gains. Quanta Computer plunged to its limit down at NT$2305, and Unimicron Technology's intraday decline exceeded 9%.
Low-base themes and defensive groups were favored by funds. Passive component leader Yageo rose over 7% to reach the NT$400 mark, and network communication manufacturer Accton Technology hit its daily limit up at NT$42.55 in early trading.
The memory sector became a hard-hit area, with short-term funds withdrawing. Winbond Electronics plunged over 9% to a low of NT$149; Nanya Technology and Winbond Electronics both fell over 9% intraday to lows of NT$260 and NT$103.5, respectively. (Edited by: Chang Liang-chih) 1150508
Choose to stand with facts, every sponsorship you provide 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, publicly transmitted, or utilized without authorization.