Taiwan Stocks Surge 1,019 Points on Geopolitical Easing and AI-Led Rally

(Central News Agency reporter Jiang Mingyan, Taipei 12th) US President Trump's cancellation of airstrike plans on Iran drove a strong rebound in international stock markets. Taiwan's stock market opened high and fluctuated today. It surged to 44,798.88 points in early trading, a gain of over 1,649 points, marking the second-largest intraday gain in history. It closed up 1,019.58 points at 44,169.04, reclaiming the monthly moving average of 43,568 points. AI stocks led the counterattack, with heavyweight stocks surging. TSMC rose NT$60 to close at NT$2,310.

Today, the Taiwan Weighted Index (TAIEX) closed up 1,019.58 points at 44,169.04, an increase of 2.36%, with a trading value of NT$1.117645 trillion. Electronics stocks rose 2.61%, and financial stocks rose about 0.56%. The over-the-counter (OTC) index rose 3.1%.

Observing the performance of heavyweight stocks, TSMC closed up NT$60 at NT$2,310, an increase of 2.67%. MediaTek and Delta Electronics rose over 2.3%, Hon Hai closed up 0.77%, and Yageo rose over 2.2%. (Editor: Zhang Liangzhi) 1150612