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Taiwan Stocks Surge 1,960 Points in Second-Largest Daily Gain on National Fund Support

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

Boosted by the National Stabilization Fund, the Taiwan stock market rebounded sharply, closing up 1,960.06 points to reach its second-highest single-day gain.

What Happened

Market Performance: Bolstered by the entry of the National Stabilization Fund, the Taiwan stock market staged a powerful rebound today. The index surged over 2,600 points during the session before closing up 1,960.06 points at 41,661.7, marking the second-largest single-day point gain in history.

Leading Stocks: Heavyweight stocks led the rally, with TSMC climbing NT$100 to close at NT$2,235, a 4.68% increase. Other key stocks, including MediaTek, Delta Electronics, Yageo, Largan Precision, and the Formosa Plastics group, hit their daily limit, significantly boosting market sentiment.

Technical Levels: Despite the massive gains, the index failed to reclaim the 42,000-point threshold and closed slightly below the 5-day moving average of 41,838. Analysts suggest that while the rebound is significant, the market will need sustained buying pressure to stabilize at these higher levels.

Policy Impact: The intervention by the National Stabilization Fund effectively quelled market panic and provided a much-needed boost to investor confidence. Future market attention will focus on the scale of the fund's involvement and the subsequent trading behavior of foreign institutional investors.

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