The Taiwan stock market continued its record-setting momentum on Friday, closing higher for the fifth straight session. Investors cheered gains in TSMC and looked ahead with optimism as hopes for US interest rate cuts increased.
The TAIEX index surged 258.93 points to finish at 25,474.64. That performance marked another all-time closing high. Turnover totaled NT$482 billion (US$15.9 billion), which was slightly below Thursday’s NT$589 billion. For the week, the benchmark index climbed 980.06 points. Meanwhile, the combined market capitalization of all listed companies reached NT$82 trillion, gaining NT$3 trillion from last week.
TSMC’s stock fluctuated during early trading before staging a late rally. Shares rose 1.61% to close at NT$1,260, establishing a fresh record high. After-hours block trades set another milestone, with 15,000 shares changing hands at an average NT$1,334.2. Foxconn added 1.4% to NT$217.5, MediaTek rose 0.34% to NT$1,485, and Delta Electronics increased 0.72% to NT$837.
Meanwhile, Yageo announced a tender offer for Anpec Electronics. As a result, Anpec soared to the daily limit of NT$210.5. Buy orders for more than 540,000 lots remained unfilled by the market close.
Nvidia also revealed plans to use silicon carbide in power systems. That announcement pushed several Taiwanese material suppliers, including Episil Technologies and Wafer Works, to their daily limits. Analysts praised SiC’s ability to handle high power and support electric vehicles, charging stations, and renewable energy systems.
Robotics-related shares also jumped after Tesla CEO Elon Musk highlighted progress on the Optimus humanoid robot. Abico Avy reached the daily limit, while Hiwin Technologies, Taiwan Chelic, and Quanta Storage advanced as well.
Chipmakers delivered additional momentum. Powerchip Semiconductor gained 4.36% to NT$17.95, Winbond added 1.6% to NT$25.45, and Nanya Technology climbed 1.59% to NT$57.4. These three firms led the market in trading volumes, each surpassing 180,000 lots. Phison Electronics surged 6.48% to NT$624, while Powertech Technology closed at the daily limit of NT$142 on expectations of rising DRAM prices.
President Securities Chair Li Fang-kuo noted that liquidity continues to support the rally. However, he warned that next week’s Taiwan futures settlement and the US quadruple witching day may increase volatility. He emphasized that a sudden reversal with heavy selling would serve as a cautionary signal.
Overall, the Taiwan stock market maintained strong momentum this week. Investors remain encouraged by sector gains, global trends, and optimism over monetary policy. Yet, the coming week may test the strength of this rally.
