TAIPEI (TVBS News) — Taiwan's stock market surged 571.33 points Tuesday (Feb. 3), closing at 32,195.36 points after Monday's sharp decline below 33,000. Trading volume reached NT$794.99 billion (around US$25.17 billion) as the weighted index rebounded sharply from Monday's (Feb. 2) losses. TSMC (台積電) gained NT$35 (around US$1.11) to close at NT$1,800 (around US$56.98). MediaTek (聯發科) climbed NT$90 (around US$2.85) to NT$1,795 (around US$56.82).
Foxconn (鴻海) rose NT$2 (around US$0.06) to NT$216.5 (around US$6.85). Delta Electronics (台達電) gained NT$40 (around US$1.27) to NT$1,215 (around US$38.46). The memory sector struggled, with Winbond (華邦電) plunging 9.05% to NT$105.5 (around US$3.34). Nanya Technology (南亞科) fell 5.61% to NT$277.5 (around US$8.78), ADATA (威剛) dropped 5.59% to NT$312.5 (around US$9.89), and Macronix (旺宏) declined 0.35% to NT$84.5 (around US$2.67).
Walton (華東) dropped 6.3% to NT$66.9 (around US$2.12), adding to the memory sector's poor performance. Monday's (Feb. 2) session closed at 31,624.03 points, down 439.72 points or 1.37%, with transaction value reaching NT$771.42 billion (around US$24.42 billion). Institutional investors sold a net NT$53.595 billion (around US$1.70 billion). Foreign investors accounted for NT$48.05 billion (around US$1.52 billion) of that total. Investment trusts bought NT$4.953 billion (around US$156.79 million), while proprietary traders sold NT$10.498 billion (around US$332.32 million).
In the U.S., Disney reported better-than-expected first-quarter earnings but saw its stock drop 7.4% after-hours due to declining international theme park visitors. President Donald Trump announced a trade agreement with India on Monday (Feb. 3), reducing tariffs from 25% to 18%. Technology stocks performed strongly, with Oracle rising nearly 2% and TSMC's American Depositary Receipts (ADRs) gaining 3.27% to US$341.36 (around NT$10,783).