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Taiwan Stocks Rebound Strongly, Reclaiming 42,000 Level

Electronic Technology · Semiconductors · economic_daily · 2026-11-09

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Taiwan's stock market surged over 2,600 points in early trading, driven by a recovery in US tech stocks and government intervention measures.

What Happened

Market Sentiment Boost: Following a stabilization in US technology stocks, the Taiwan market staged a sharp rebound on the 9th. The announcement of the National Financial Stabilization Fund's intervention acted as a major catalyst, helping the index surge over 2,600 points in early trading.

Tech Sector Leadership: TSMC led the market recovery with gains exceeding 6%, playing a pivotal role in pushing the index back above the 42,000-point threshold. The broader tech sector showed strong momentum, reflecting a significant improvement in investor risk appetite.

Memory Stocks Rally: Memory manufacturers, including Macronix, saw strong buying interest, with several stocks hitting the daily limit. This sector-wide strength highlights a rotation of capital back into tech stocks following recent heavy selling pressure.

Market Outlook: The combination of global market stabilization and domestic policy support has provided a solid floor for the index. Investors are now looking for sustained trading volume to confirm whether this recovery can maintain its upward trajectory in the coming sessions.

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