Taiwan Stocks Close Up 428 Points, Led by TSMC and Delta Electronics

Taiwan's stock market experienced a notable rise, closing up 428.14 points at 44,999.9 points, largely influenced by major technology firms like TSMC and Delta Electronics. The session began with optimism, with the index opening higher and surging as much as 950 points, propelled by leading stocks in sectors including AI, low-orbit satellites, ABF substrates, semiconductors, traditional industries, and finance.

However, the market's upward momentum faced headwinds as several prominent electronic stocks, including Walsin Technology, Nanya Technology, and Compal Electronics, experienced sharp declines. Financial stocks also faltered, leading to a significant reduction in the day's gains. Despite these fluctuations, the overall market sentiment remained positive, closing in positive territory.

TSMC, a key player, saw its stock price increase by NT$30 to NT$2,370, contributing significantly to the trading volume, which reached NT$997.5 billion. Other major contributors to trading activity included Walsin Technology, Innolux, MediaTek, and UMC. The market's performance reflects a dynamic trading environment influenced by both global economic factors and specific corporate developments within Taiwan's tech sector.