Taiwan's weighted index rises 1.35% to 22026.26 at market open.

Taiwan's weighted index rises 1.35% to 22026.26 at market open.

Taiwan's stock market opened on a positive note on June 19, 2025, with the Taiwan Stock Exchange Weighted Index (TWSE) rising 1.35% to 22026.26. This upward movement comes after a period of volatility, with the index experiencing both gains and losses over the past few days [2].

The index's performance was driven by gains in financial and technology stocks, which helped offset losses in sectors such as plastics. Key contributors to the index's increase include Taiwan Semiconductor Manufacturing Company (TSMC), which jumped 1.95%, and MediaTek, which strengthened by 1.59% [2]. In contrast, Formosa Plastics plunged 4.00%, and Nan Ya Plastics fell by 5.12%, indicating sector-specific weakness [2].

The global market sentiment is also playing a role in Taiwan's stock market performance. The Asian markets are expected to follow the lead of the U.S. markets, which saw a late-day rally on Tuesday due to positive comments from Federal Reserve Vice Chair Michelle Bowman on potential rate cuts and reports of potential tariff reductions between the U.S. and China [3]. This positive outlook may have spilled over into the Taiwan market, contributing to the opening day gains.

Investors should keep an eye on geopolitical tensions in the Middle East and potential interest rate reductions, which could continue to influence market sentiment. Additionally, the upcoming launch of new AI chips by Nvidia could provide further support for Taiwan's technology sector [4].

References:
[1] https://www.bloomberg.com/quote/TWSE:IND
[2] https://www.nasdaq.com/articles/taiwan-stock-market-may-head-south-again-wednesday
[3] https://www.rttnews.com/3548187/bargain-hunting-may-boost-taiwan-stock-market.aspx
[4] https://www.taiwannews.com.tw/news/6138297