Taiwanese Stocks Fall 523 Points, Breaking 5-Day Moving Average Amid Electronic Stock Weakness
Taiwanese stocks fell by 523 points, breaking the 5-day moving average, as major electronic stocks like TSMC weakened. The market entered a correction phase after a round of positive corporate earnings, influenced by geopolitical uncertainties.
📋 Article Processing Timeline
- 📰 Published: May 13, 2026 at 15:11
- 🔍 Collected: May 13, 2026 at 15:32 (20 min after Published)
- 🤖 AI Analyzed: May 14, 2026 at 01:18 (9h 46m after Collected)
Central News Agency
(Central News Agency reporter Chang Chien-chung, Taipei, 13th) The Taiwanese stock market opened lower and fluctuated downwards today, with key electronic stocks like TSMC weakening. The index briefly dropped to 41014.53 points during intraday trading. It closed down 523.82 points at 41374.5 points, leaving a 359.97-point lower shadow, a decline of 1.25%. The index broke below the 5-day moving average of 41720 points, with a trading volume of NT$1.2038 trillion.
TSMC closed today at NT$2220, down NT$35, with its market capitalization falling to NT$57.57 trillion, impacting the broader market by approximately 278 points. Other major electronic stocks also fell; MediaTek dropped 5.54%, Delta Electronics and ASE Technology Holding fell over 1%, while Foxconn and Largan Precision bucked the trend to close in the red. The electronics sector index fell 1.51%.
Traditional industry stocks showed mixed performance. Rubber and shipping sector indices fell over 1%; plastics, electrical machinery, and glass sector indices fell over 2%. Food sector index rose over 1%, and paper sector index climbed over 2%, showing relatively strong performance. The financial sector index rose 0.99%.
High-priced stocks showed mixed movements. "Stock king" ASPEED Technology fell NT$185 to close at NT$17820; Hung Chin rose NT$570 to reach NT$7440. With CTCI Corporation's stock price regaining the NT$1000 mark, closing at NT$1025, Taiwan stocks now have 49 "thousand-dollar stocks," setting a new record for the scale of such stocks.
Mega International Investment Consulting Vice President Huang Kuo-wei stated that with positive corporate earnings reports concluding, and the index having risen too much and too quickly, coupled with increasing variables such as the Trump-Xi meeting and ongoing tensions in the US-Iran situation, the Taiwanese stock market has entered a high-level consolidation phase. (Edited by Chang Liang-chih) 1150513
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(Central News Agency reporter Chang Chien-chung, Taipei, 13th) The Taiwanese stock market opened lower and fluctuated downwards today, with key electronic stocks like TSMC weakening. The index briefly dropped to 41014.53 points during intraday trading. It closed down 523.82 points at 41374.5 points, leaving a 359.97-point lower shadow, a decline of 1.25%. The index broke below the 5-day moving average of 41720 points, with a trading volume of NT$1.2038 trillion.
TSMC closed today at NT$2220, down NT$35, with its market capitalization falling to NT$57.57 trillion, impacting the broader market by approximately 278 points. Other major electronic stocks also fell; MediaTek dropped 5.54%, Delta Electronics and ASE Technology Holding fell over 1%, while Foxconn and Largan Precision bucked the trend to close in the red. The electronics sector index fell 1.51%.
Traditional industry stocks showed mixed performance. Rubber and shipping sector indices fell over 1%; plastics, electrical machinery, and glass sector indices fell over 2%. Food sector index rose over 1%, and paper sector index climbed over 2%, showing relatively strong performance. The financial sector index rose 0.99%.
High-priced stocks showed mixed movements. "Stock king" ASPEED Technology fell NT$185 to close at NT$17820; Hung Chin rose NT$570 to reach NT$7440. With CTCI Corporation's stock price regaining the NT$1000 mark, closing at NT$1025, Taiwan stocks now have 49 "thousand-dollar stocks," setting a new record for the scale of such stocks.
Mega International Investment Consulting Vice President Huang Kuo-wei stated that with positive corporate earnings reports concluding, and the index having risen too much and too quickly, coupled with increasing variables such as the Trump-Xi meeting and ongoing tensions in the US-Iran situation, the Taiwanese stock market has entered a high-level consolidation phase. (Edited by Chang Liang-chih) 1150513
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The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.