Taiwan's Taiex index rises 0.3% to 24,100.30 at close

Taiwan's Taiex index rises 0.3% to 24,100.30 at close

Taiwan's stock market closed on September 2, 2025, with the Taiex index rising 0.3% to 24,100.30. The increase was driven by a late-session rally in Taiwan Semiconductor Manufacturing Company (TSMC) shares, which rose 0.43% to NT$1,165. This performance helped trim losses that were initially driven by weakness on Wall Street and profit-taking at record highs [1].

The overall market turnover reached NT$509 billion (US$16.6 billion), according to CNA and CTEE. Other notable performances included Foxconn, which slipped 2.46% to NT$198.5, and MediaTek, which lost 0.73% to NT$1,360. Mercuries Life Insurance hit its daily limit at NT$6.11, with reports that CTBC Financial Holding and two foreign institutions are leading bidders for the insurer [1].

Artificial intelligence (AI) and wearable technology stocks also performed well. HTC gained 3.55% to NT$72.9, reaching a more than three-year high of NT$76.9 during the session, with turnover surpassing 173,000 lots. Megaforce hit its daily limit at NT$55.3, while Taimide Tech and VisEra Technologies rose 3.11% and 1.14%, respectively [1].

The Taipei Aerospace & Defense Technology Exhibition in September also boosted concept stocks in the aerospace and defense sector. Microelectronics Technology hit its daily limit at NT$10.75, while Complex Micro Interconnection, Abonmax, and Acme Electronics gained 6.72%, 5.86%, and 4.26%, respectively [1].

Edom Technology extended its rally after being named a partner in Nvidia’s new Jetson AGX Thor AI platform. The stock rose to its fifth consecutive daily limit at NT$42.05, with a cumulative gain of 57% over the streak. Nanpao Resins Chemical also climbed after entering the advanced semiconductor packaging materials market, hitting a record intraday high of NT$445 before easing to close at NT$424, up 4.31% [1].

Chi Far Securities Investment Consultant analyst Lee Yung-nien (李永年) cautioned investors to be mindful of short-term risks. He noted that while the market is expecting strong August revenue, heavy pull-in orders ahead of the month could be followed by negative effects from potential US tariffs [1].

Uncertainty over possible US semiconductor tariffs remains, which could impact a wide range of industries. Lee warned that if markets in Taiwan and the US fail to sustain rebounds, corrections could deepen, and heavily traded stocks with sharp recent gains may trigger panic selling if they begin to retreat [1].

References:
[1] https://www.taiwannews.com.tw/news/6191427