Taiwan Stocks Open Down Over 240 Points, TSMC Battles to Hold NT$2300
Following a decline in major US stock indices, the Taiwan stock market opened down over 240 points today, with TSMC's stock price battling to hold the NT$2300 mark. As the electronics and semiconductor sectors weakened, capital shifted towards traditional industries.
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- 📰 Published: May 8, 2026 at 10:14
- 🔍 Collected: May 8, 2026 at 10:31 (17 min after Published)
- 🤖 AI Analyzed: May 9, 2026 at 04:11 (17h 39m after Collected)
Central News Agency
(Central News Agency reporter Wu Chia-hao, Taipei, 8th) Following a decline in the four major US stock indices, the Taiwan stock market pulled back for consolidation today, with the index opening down over 240 points, hitting a low of 41691.58 points. The electronics, semiconductor, and OTC indices all weakened, and capital flowed into traditional industry groups and other sectors.
The three major weighted stocks all fell. TSMC, which hit a new high of NT$2345 during yesterday's trading, pulled back today, falling to a low of NT$2295 in early trading, a drop of NT$15 or 0.65%. Delta Electronics fell over 2% to a low of NT$2225 in early trading. MediaTek fell nearly 3% to a low of NT$3320, before narrowing its decline. (Edited by Chang Liang-chih)1150508
(Central News Agency reporter Wu Chia-hao, Taipei, 8th) Following a decline in the four major US stock indices, the Taiwan stock market pulled back for consolidation today, with the index opening down over 240 points, hitting a low of 41691.58 points. The electronics, semiconductor, and OTC indices all weakened, and capital flowed into traditional industry groups and other sectors.
The three major weighted stocks all fell. TSMC, which hit a new high of NT$2345 during yesterday's trading, pulled back today, falling to a low of NT$2295 in early trading, a drop of NT$15 or 0.65%. Delta Electronics fell over 2% to a low of NT$2225 in early trading. MediaTek fell nearly 3% to a low of NT$3320, before narrowing its decline. (Edited by Chang Liang-chih)1150508