News / Taiwan / economic_daily
Taiwan Stocks Plunge 960 Points as TSMC and Tech Peers Track US Sell-off
Electronic Technology · Semiconductors · economic_daily · 2026-10-13
Taiwan's benchmark index tumbled over 960 points to close at 48,341.31 as weakness in the Philadelphia Semiconductor Index triggered a broad sell-off in local tech giants.
What Happened
US Market Impact: Following a four-day losing streak in the Philadelphia Semiconductor Index, which fell another 2.67%, Asian markets faced significant downward pressure today. The Taiwan Stock Exchange mirrored this sentiment, testing the 48,000-point level during intraday trading.
Heavyweight Performance: Major market leaders saw substantial declines, with TSMC dropping 50 TWD to close at 2,490 TWD. MediaTek and Delta Electronics also faced heavy selling, falling 2.16% and 6.58% respectively, weighing heavily on the index.
Trading Volume: The market recorded a massive turnover of 1.125 trillion TWD, reflecting heightened volatility and intense selling pressure as investors reacted to the global tech sector downturn.
Market Closing: The TAIEX finished the session down 960.65 points at 48,341.31. The broad market decline underscores a cautious outlook as investors monitor global macroeconomic headwinds.
Read original
More in Electronic Technology
Electronic Technology · economic_daily · 2026-10-24
Taiwan's stock market fell 2.2% this week, breaking below the quarterly moving average amid heavy institutional selling. Analysts are now monitoring the stabilization of optical communication stocks and the defensive strength of the financial sector.
1303, 3081, 3363, 4979
Electronic Technology · economic_daily · 2026-10-24
Surging AI demand is forcing a major upgrade in PCB specifications, leading to a projected 20% supply gap for key materials by 2027, favoring major suppliers.
2313, 2368, 2383, 3037, 3189, 4958, 6213, 6269, 6274, 8039, 8046, 8358
Electronic Technology · economic_daily · 2026-10-24
Taiwan's stock market saw a sharp decline on the 22nd, falling below the quarterly moving average as risk aversion intensified amid geopolitical and economic uncertainties.
Latest in Taiwan
Electronic Technology · economic_daily · 2026-10-24
Taiwan's stock market fell 2.2% this week, breaking below the quarterly moving average amid heavy institutional selling. Analysts are now monitoring the stabilization of optical communication stocks and the defensive strength of the financial sector.
1303, 3081, 3363, 4979
Transportation · economic_daily · 2026-10-24
While rising fuel costs weigh on short-term airline profits, analysts expect a recovery by 2027 as oil prices decline, favoring China Airlines over EVA Air.
2610, 2618, 6757
Electronic Technology · economic_daily · 2026-10-24
Surging AI demand is forcing a major upgrade in PCB specifications, leading to a projected 20% supply gap for key materials by 2027, favoring major suppliers.
2313, 2368, 2383, 3037, 3189, 4958, 6213, 6269, 6274, 8039, 8046, 8358
Electronic Technology · economic_daily · 2026-10-24
Taiwan's stock market saw a sharp decline on the 22nd, falling below the quarterly moving average as risk aversion intensified amid geopolitical and economic uncertainties.