Taiwan Stock Market Plunges 883 Points During Trading, Electronics Weak, Financial Sector Shows Resilience
The Taiwan stock market plummeted by 883 points following a decline in the Philadelphia Semiconductor Index, with electronics stocks weakening significantly while the financial sector demonstrated relative resilience.
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- 📰 Published: May 13, 2026 at 12:22
- 🔍 Collected: May 13, 2026 at 12:31 (9 min after Published)
- 🤖 AI Analyzed: May 13, 2026 at 13:18 (46 min after Collected)
Central News Agency
(Central News Agency reporter Chang Chien-chung, Taipei, 13th) Following a drop of over 3% in the Philadelphia Semiconductor Index and a 568-point fall in Taiwan index futures during night trading, the Taiwan stock market experienced volatile declines today as electronics stocks weakened. In early trading, a surge of buying briefly narrowed the losses, but the Taiex once dropped to 41014.53 points during the session, down 883.79 points.
As of 10:50 AM, the Taiwan stock weighted index stood at 41080.39 points, down 817.93 points, with a transaction value of approximately NT$729.8 billion.
TSMC's board approved an increase in the cash dividend to NT$7 per share for the first quarter of 2026. However, its American Depositary Receipts (ADRs) fell by 1.79%, causing TSMC's stock price to weaken today, dropping to NT$2205 during the session, down NT$50, with its market capitalization falling to NT$57.18 trillion, impacting the broader market by approximately 397 points.
Other major constituent stocks such as MediaTek, Delta Electronics, Foxconn, ASE Technology Holding, and high-priced stocks like ASPEED Technology and Wiwynn also fell, with the electronics sector index declining by over 2%.
Traditional industry stocks showed mixed performance, with electromechanical and glass sector indices falling by over 2%, and plastics and shipping sector indices dropping by over 1%, indicating weakness. In contrast, food and paper sector indices rose by over 1%, showing relative strength. The financial sector index also gained over 1%. (Edited by Yang Kai-hsiang) 1150513
(Central News Agency reporter Chang Chien-chung, Taipei, 13th) Following a drop of over 3% in the Philadelphia Semiconductor Index and a 568-point fall in Taiwan index futures during night trading, the Taiwan stock market experienced volatile declines today as electronics stocks weakened. In early trading, a surge of buying briefly narrowed the losses, but the Taiex once dropped to 41014.53 points during the session, down 883.79 points.
As of 10:50 AM, the Taiwan stock weighted index stood at 41080.39 points, down 817.93 points, with a transaction value of approximately NT$729.8 billion.
TSMC's board approved an increase in the cash dividend to NT$7 per share for the first quarter of 2026. However, its American Depositary Receipts (ADRs) fell by 1.79%, causing TSMC's stock price to weaken today, dropping to NT$2205 during the session, down NT$50, with its market capitalization falling to NT$57.18 trillion, impacting the broader market by approximately 397 points.
Other major constituent stocks such as MediaTek, Delta Electronics, Foxconn, ASE Technology Holding, and high-priced stocks like ASPEED Technology and Wiwynn also fell, with the electronics sector index declining by over 2%.
Traditional industry stocks showed mixed performance, with electromechanical and glass sector indices falling by over 2%, and plastics and shipping sector indices dropping by over 1%, indicating weakness. In contrast, food and paper sector indices rose by over 1%, showing relative strength. The financial sector index also gained over 1%. (Edited by Yang Kai-hsiang) 1150513