October 29, 2025 | Taipei, Taiwan
Taiwan’s stock market opened higher on Tuesday following strong overnight gains on Wall Street, buoyed by renewed optimism in U.S.–China trade relations. The four major U.S. stock indexes all closed at record highs on Monday, with Taiwan Semiconductor Manufacturing Company (TSMC) American Depositary Receipts (ADRs) climbing 1.10%.
The positive sentiment carried into the local market’s opening, pushing the benchmark index up by 47.38 points to briefly reach 28,087 points. The rally was initially supported by heavyweight tech stocks, including TSMC and Nanya Technology. However, profit-taking later emerged in key AI-related shares such as Quanta Computer and Compal Electronics, alongside declines in traditional and financial sectors, leading the index to retreat.
Despite support from select electronics counters like Foxconn, Chiphun, and Lite-On Technology, the TAIEX ultimately slipped 44.52 points, closing at 27,949.11 points. Trading activity remained brisk, with total turnover reaching NT$533 billion.
Among the top-traded stocks, TSMC recorded the highest turnover at NT$41.835 billion, easing NT$5 to close at NT$1,475. Nanya Technology advanced NT$10 to NT$130, ranking second with NT$28.057 billion in trade volume. Yageo edged down NT$2.5 to NT$246, while Powerchip Semiconductor added NT$0.45 to NT$31.95. Foxconn gained NT$3.5, closing at NT$250.
Other actively traded shares included Qihong, which surged NT$110 to NT$1,300; Lite-On Technology, up NT$6.5 to NT$188.5; and Guangsheng Technology, which climbed NT$73 to NT$946. Creative Technology slipped NT$120 to NT$1,480, while Phison Technology advanced NT$57 to NT$1,025, rounding out the top 10 in turnover.
Market analysts noted that while the recent U.S.–China trade optimism injected short-term confidence, investors remain cautious ahead of upcoming corporate earnings reports and potential shifts in global semiconductor demand.