TAIPEI (TVBS News) — Taiwan's benchmark TAIEX surged 499.71 points on Thursday (Jan. 22), closing at 31,746.08 for a 1.6% gain, as easing U.S.-Europe tensions and a Wall Street rebound fueled investor optimism. Trading value reached NT$791.028 billion (US$25.03 billion). The index hit an intraday high of 31,890.62, a historic peak, before settling above the 5-day moving average at 31,560.
Electronic stocks led gains, rising 1.89%, while the semiconductor index climbed 1.24%. Plastics stocks surged 4.25% and electromechanical shares gained 2.49%. The broad-based rally reflected renewed investor confidence following positive signals from international markets, with technology and manufacturing sectors driving the upward momentum across the board.
Taiwan Semiconductor Manufacturing Company (台積電, TSMC) closed at NT$1,760 (US$55.70), up NT$20 (US$0.63) or 1.15%, after hitting an intraday high of NT$1,770 (US$56.01). Foxconn (鴻海) gained 2.05% to close at NT$223.5 (US$7.07). AI-related stocks outperformed, with Inventec (英業達) hitting the daily limit at NT$51.2 (US$1.62), Compal (仁寶) rising 3.76% to NT$33.1 (US$1.05), and Quanta (廣達) climbing 2.91% to NT$283 (US$8.96).
Memory chip manufacturers posted strong gains. Nanya Technology (南亞科) surged 6.18% to NT$266.5 (US$8.43), ADATA (威剛) climbed 9.21% to NT$296.5 (US$9.38), and Elite Semiconductor Microelectronics Technology (晶豪科) jumped 7.66% to NT$147.5 (US$4.67). ASPEED (信驊) reached a new intraday high of NT$8,930 (US$282.59), closing at NT$8,700 (US$275.32), up 4.44%, while the number of stocks priced above NT$1,000 (US$31.65) fell to 30.