Taiwan Stocks Surge Over 600 Points, Crossing 42,000
Driven by falling oil prices and gains in the US market, Taiwan stocks opened high and continued to rise, surging over 600 points in early trading to cross the 42,000 mark. TSMC hit a high of 2,250 TWD.
📋 Article Processing Timeline
- 📰 Published: May 22, 2026 at 10:28
- 🔍 Collected: May 22, 2026 at 10:31 (3 min after Published)
- 🤖 AI Analyzed: May 31, 2026 at 21:27 (226h 55m after Collected)
Encouraged by falling oil prices and a strong close in the US stock market, Taiwan stocks opened high and continued to climb today, surging over 600 points in early trading to cross the 42,000 mark. TSMC, the market leader, reached a high of 2,250 TWD, up 20 TWD, before pulling back to near the flat line of 2,230 TWD. Other major stocks performed as follows: Foxconn fell 1.5 TWD to 246 TWD, MediaTek rose 220 TWD to 3,770 TWD, and Delta Electronics rose 70 TWD to 2,100 TWD. The electronics sector index rose 1.51%, the financial sector index fell 0.4%, and the OTC index, representing small and medium-sized stocks, rose 2.6%.
FAQ
What is the highlight of the Taiwan stock market?
It crossed the 42,000 mark, driven by tech stocks.