- The Taiwan Weighted Index (TWSE: TAIEX) closed up 1.35% on Monday at 45,337.91 points, setting a new record high, with an initial trading value of 1.477 trillion New Taiwan dollars, indicating a strong bullish trend led by major weighted stocks.
- The demand for core AI hardware continues to be released, benefiting from the new generation M1X chip repositioning the artificial intelligence personal computer (AIPC) industry. Semiconductor giants such as Taiwan Semiconductor Manufacturing Company (TSMC) and MediaTek saw a full rise, pushing Taiwan stocks to firmly stand above the 45,000-point mark for the first time.
- There are clear signs of global macro sentiment resonance, with the previous strength of U.S. stocks and the simultaneous record highs of the Korea Composite Stock Price Index (KOSPI) in the Asia-Pacific market, significantly boosting market risk appetite. Investors are closely watching U.S. President Donald Trump's policy direction on extending the ceasefire agreement with Iran.
Weighted Stocks Lead the Index Across Key Psychological Threshold
During Monday's trading session, Taiwan's stock market opened high and continued to rise, closing above the 45,000-point mark for the first time in history, driven by active market buying. According to data provided by the exchange, today's initial trading value, although down from the revised 1.916 trillion New Taiwan dollars of the previous trading day, remained in the high range of 1.477 trillion New Taiwan dollars. Analysts pointed out that the current short-term bullish pattern has not changed, and if market volume cooperates and foreign funds continue to flow in, the index may have the opportunity to further challenge the 46,000-point mark in the short term.
AI Hardware Industry Innovation Injects Strong Momentum into Fundamentals
The strong performance of the semiconductor and electronic manufacturing sectors this time is mainly supported by solid technical fundamentals. Su Jianwen, an analyst at Hua Nan Securities Investment Advisory, stated that the M1X chip's repositioning of the AIPC industry chain has significantly enhanced market expectations for upstream supply chain profitability. Boosted by this positive factor, core weighted stocks such as Taiwan Semiconductor Manufacturing Company and wireless communication chip giant MediaTek showed a clear leading pattern, driving the downstream memory chip and related component sectors to rise in tandem. The industry generally believes that current geopolitical uncertainties have not yet caused substantial disruption to the market supply chain.
Asia-Pacific Major Assets Exhibit Regional Resonance Effect
From the perspective of global macro capital flows, the record performance of Taiwan stocks is not an isolated event. Following the rise in U.S. stocks in the previous trading day, major capital markets in the Asia-Pacific region showed a collective upward trend on Monday. In addition to the Taiwan market, the Korea Composite Stock Price Index also climbed to a record high, indicating that the global capital allocation weight on AI-related technology assets is still rising. The coordinated rise of major regional stock indices has strengthened the overall depth of the bull market, providing a relatively stable macro environment for short-term arbitrage funds and long-term value allocation funds.
Forward-Looking Variables Under Global Macro Uncertainty
Although the fundamentals of current technology assets are strong, potential fluctuations at the macro capital level still depend on a clear external policy environment. Global macro traders are currently focusing on marginal changes in geopolitical risks. U.S. President Trump's final decision on whether to extend the ceasefire agreement with Iran will be the core variable this week. If the geopolitical situation deteriorates beyond expectations, it may marginally suppress international commodity prices and global risk appetite, and the valuation of major global technology stocks and emerging market equity assets may face repricing pressure. Therefore, while maintaining optimism, the market remains highly sensitive to external liquidity and macro policy disturbances.
