Taiwan Stocks Surge 1,095 Points This Week, Market Cap Hits NT$137.8 Trillion

Central News Agency (Taipei, May 22) The Taiwan stock market experienced a strong rebound this week, with the index closing at 42,267.97 points on Friday, a weekly gain of 1,095.61 points or 2.66%, setting a new record high. According to the Taiwan Stock Exchange, the total market capitalization of listed companies reached NT$137.8811 trillion, an increase of approximately NT$3.58 trillion from last week. In terms of industry indices, the optoelectronics sector saw the largest gain of 10.60%, while the food sector saw the largest decline of 3.13%. The index excluding financials rose 1,060.53 points (2.84%), the index excluding electronics rose 203.59 points (1.01%), and the index excluding financials and electronics rose 210.54 points (1.50%). The total trading value for all listed stocks this week was NT$5.0958 trillion. The top three industries by trading value were semiconductors at NT$1.9449 trillion (38.17% of total), electronic components at NT$1.1863 trillion (23.28%), and optoelectronics at NT$386.992 billion (7.59%). Additionally, the weekly stock turnover rate was 4.24%, with the top three industries being optoelectronics (20.53%), electronic components (14.56%), and glass and ceramics (9.5%). Cumulative trading value for the 90 trading days so far this year is NT$81.7335 trillion, with an average daily trading value of NT$908.151 billion and a stock turnover rate of 75.71%.