TAIEX closes 2.52% higher at 42,711.92 as technology shares extend rebound
Published on 11/10/2026 at 18:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTAIEX extends its rebound
- The Taiwan Weighted closed at 42,711.92 on November 10, 2026, up 2.52 percent from the previous session.
- Technology shares led the advance after an overnight Wall Street rally, while lower crude oil prices eased inflation concerns.
- TSMC contributed about 400 points to the index gain, although foreign institutional investors were net sellers.
The Taiwan Weighted (TAIEX) closed at 42,711.92 on Tuesday, November 10, 2026, gaining 1,050.22 points, or 2.52 percent, from the previous session. The close followed a 4.94 percent advance on Monday and marked a further recovery for Taiwan's benchmark index.
Wall Street and technology shares lead
According to Focus Taiwan, dealers linked Tuesday's move to an overnight rally on U.S. markets and lower crude oil prices, which reduced inflation concerns. The index traded between 41,930.03 and 43,135.92 during the session. Turnover reached NT$1.00 trillion, equivalent to about US$30.61 billion.
Technology shares were the main source of support. Taiwan's electronics sector rose 3.06 percent, led by Taiwan Semiconductor Manufacturing Co. TSMC gained 2.24 percent to close at NT$2,285.00 and contributed about 400 points to the TAIEX advance. MediaTek rose 2.82 percent, while ASE Technology Holding jumped 7.84 percent. Selected electronics component and printed circuit board manufacturers also attracted strong rotational buying.
Broader participation remained uneven
The rebound was not uniform across the market. The petrochemical sector rose 3.78 percent, but the food sector declined 1.08 percent and financial stocks also lost ground. Focus Taiwan reported that foreign institutional investors sold a net NT$34.12 billion worth of shares on the main board during Tuesday's session, an indication that the strong index performance did not reflect broad-based foreign buying.
The session's advance therefore remained concentrated in large technology and electronics names. For investors, the immediate question is whether overseas technology sentiment can continue to support Taiwan's heavily weighted semiconductor segment while foreign flows remain negative. The next market moves will depend on the durability of the global technology rebound and on whether buying broadens beyond the index's largest constituents.
Further coverage of the Taiwan Weighted is available on the TAIEX topic page.
