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Taiwan Stocks Slip Below 45,000 Mark as Semiconductor Sell-off Weighs
Electronic Technology · Semiconductors · economic_daily · 2026-11-02
The Taiwan Stock Exchange index fell 291.69 points to close at 44,920.14, dragged down by weakness in U.S. semiconductor stocks despite a late-session recovery.
What Happened
Market Performance: Taiwan stocks faced significant selling pressure at the open, tracking a sharp decline in U.S. semiconductor shares, with the index dipping as low as 44,399.10 points. Although the market pared losses following a rebound in Japanese and South Korean indices, the TAIEX closed down 291.69 points at 44,920.14, failing to hold the 45,000 threshold.
Key Stock Movements: Performance among major heavyweights was mixed; TSMC ended the session down 1.69% at 2,330 TWD. Conversely, MediaTek recovered from early lows to close up 1.4% at 3,970 TWD, while Delta Electronics saw a 1.5% gain to finish at 1,355 TWD.
Trading Volume: The session saw a total turnover of 758.875 billion TWD, reflecting active market participation despite the broader index decline. The intraday volatility highlights a tug-of-war between investors reacting to external headwinds and those seeking value in key technology names.
Outlook: Analysts suggest that the local market remains highly sensitive to volatility in the U.S. tech sector. Investors are now watching to see if the index can stabilize above current levels, with the performance of major semiconductor players remaining the primary driver for near-term sentiment.