TSMC Falls by 50 NTD, Taiwan Stock Market Plunges 697 Points Below 5-Day Moving Average
Major US stock indexes and the Philadelphia Semiconductor Index closed lower, causing the Taiwan stock market to plunge 697 points today, falling below its 5-day moving average. Despite TSMC's board approving a higher cash dividend, its stock price fell by 50 NTD due to the US market, eroding its market value and impacting the broader market by nearly 400 points.
📋 Article Processing Timeline
- 📰 Published: May 13, 2026 at 10:26
- 🔍 Collected: May 13, 2026 at 10:31 (5 min after Published)
- 🤖 AI Analyzed: May 13, 2026 at 10:42 (10 min after Collected)
Central News Agency
(Central News Agency, Reporter Chang Chien-chung, Taipei, 13th) Major US stock indexes mostly closed lower on the 12th, with the Philadelphia Semiconductor Index plunging over 3%. Taiwan's stock index futures fell 568 points in after-hours trading, and the Taiwan stock market followed suit today. The early trading index fell to 41200.39 points, a drop of 697.93 points, breaking below the 5-day moving average of 41704 points.
TSMC's board of directors approved raising the cash dividend for the first quarter of 2026 to 7 NTD per share. However, its American Depositary Receipts (ADR) fell by 1.79%, and TSMC's stock price also declined today, falling to 2205 NTD in early trading, a drop of 50 NTD. Its market value decreased to 57.18 trillion NTD, impacting the broader market by approximately 397 points.
Other weighted stocks such as MediaTek, Delta Electronics, Hon Hai (Foxconn), and ASE Technology Holding also fell. The electronics sector index declined by over 1.8%. Traditional industry stocks showed mixed movements, with the electrical and machinery and glass sector indexes falling by over 1%, performing relatively weaker. (Editor: Yang Kai-hsiang) 1150513
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(Central News Agency, Reporter Chang Chien-chung, Taipei, 13th) Major US stock indexes mostly closed lower on the 12th, with the Philadelphia Semiconductor Index plunging over 3%. Taiwan's stock index futures fell 568 points in after-hours trading, and the Taiwan stock market followed suit today. The early trading index fell to 41200.39 points, a drop of 697.93 points, breaking below the 5-day moving average of 41704 points.
TSMC's board of directors approved raising the cash dividend for the first quarter of 2026 to 7 NTD per share. However, its American Depositary Receipts (ADR) fell by 1.79%, and TSMC's stock price also declined today, falling to 2205 NTD in early trading, a drop of 50 NTD. Its market value decreased to 57.18 trillion NTD, impacting the broader market by approximately 397 points.
Other weighted stocks such as MediaTek, Delta Electronics, Hon Hai (Foxconn), and ASE Technology Holding also fell. The electronics sector index declined by over 1.8%. Traditional industry stocks showed mixed movements, with the electrical and machinery and glass sector indexes falling by over 1%, performing relatively weaker. (Editor: Yang Kai-hsiang) 1150513
Choose to stand with facts, every sponsorship is a force to protect press freedom.
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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.