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Taiwan Stocks Drop Over 400 Points Amid Geopolitical Tensions

Electronic Technology · Semiconductors · economic_daily · 2026-09-02

Taiwan's stock market fell sharply in early trading as geopolitical concerns and a weak US market weighed on investor sentiment, though the index held above 46,500.

What Happened

Market Sentiment Hit: Taiwan stocks opened lower today, pressured by escalating tensions between the US and Iran and a decline in US markets. The weighted index dropped over 400 points in early trading, hitting a low of 46,511 as risk aversion intensified.

Divergent Tech Performance: Large-cap stocks showed mixed results, with TSMC falling NT$35 as it tested the NT$2,400 support level. Conversely, MediaTek showed resilience, rising over 3% against the broader market trend.

Defending Key Levels: Despite heavy selling pressure, the index managed to hold above the 46,500 mark. It also maintained support above the 5-day moving average of 46,390, suggesting some buying interest remains despite the volatility.

Trading Volume Analysis: As of 9:25 AM, the index was down 391 points with a trading volume of NT$279.6 billion. Investors are closely monitoring how geopolitical risks will impact capital flows and whether major stocks can stabilize in the near term.

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