Taiwan's TAIEX Index rises 4% to 19,551.99

Taiwan's TAIEX Index rises 4% to 19,551.99

Taiwan's TAIEX Index experienced a notable increase, climbing 4% to 19,551.99 on April 23, 2025. This performance reflects a positive sentiment in the Taiwanese market, driven by several key factors.

Chunghwa Telecom's (CHT) recent filing of its 2024 Form 20-F with the U.S. Securities and Exchange Commission (SEC) has likely contributed to investor confidence. The report, available on the company's website, provides comprehensive insights into Chunghwa Telecom's financial performance, highlighting its commitment to environmental, social, and governance (ESG) practices and innovative technology services [1].

Taiwan Semiconductor Manufacturing Co. (TSMC), a key player in the semiconductor industry, also reported strong financial results. Despite challenges posed by U.S. chip embargoes, TSMC's first-quarter revenue surged 41.6% to $25.53 billion, driven by robust demand for 3-nm and 5-nm technologies [2].

Investors' optimism in the semiconductor sector, bolstered by TSMC's resilience and growth, may have influenced the TAIEX Index's upward trend. Additionally, Chunghwa Telecom's strong financial performance and commitment to ESG practices have likely contributed to the positive market sentiment.

The TAIEX Index's rise reflects a broader trend of investor confidence in Taiwan's technology and telecommunications sectors, which continue to demonstrate resilience and growth despite global challenges.

References:
[1] https://www.gurufocus.com/news/2783206/chunghwa-telecom-2024-form-20f-filed-with-the-us-sec-cht-stock-news
[2] https://www.benzinga.com/government/regulations/25/04/44895326/taiwan-semiconductor-confronts-challenges-of-us-chips-sanction-on-china