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Taiwan Stocks Surge to Start September; TSMC Leads Rally Toward Record Highs

Electronic Technology · Semiconductors · economic_daily · 2026-09-01

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Taiwan stocks kicked off September with a strong rally, led by TSMC and MediaTek, as investors eye a potential test of the 48,218-point historical record.

What Happened

Strong September Start: The Taiwan stock market opened September with a significant rally, closing up 820 points at 46,948. The Taiwan Index Futures performed even more robustly, surging 2.6% to clear the 47,000-point milestone, signaling strong bullish sentiment.

Tech Sector Leadership: Heavyweight stocks, particularly TSMC and MediaTek, spearheaded the market gains, driving a broad-based rally. The number of high-priced stocks (over NT$1,000) reached 50, reflecting deep liquidity and investor confidence in the tech-heavy index.

Institutional Buying: All three major institutional investor groups turned net buyers, injecting a combined NT$566.3 billion into the market. With trading volume consistently exceeding NT$1 trillion and technical indicators showing a bullish alignment, the market has established a solid foundation for further growth.

Market Outlook: While the market faces potential resistance from previous high-level sell-offs, upcoming catalysts such as SEMICON Taiwan 2026 and Apple's new product launches are expected to support a steady climb. Analysts remain optimistic that the index could challenge the historical peak of 48,218 points in the first half of the month.

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