Taiwan stocks surge 693 points as TAIEX reclaims 46,000 on passive-components rally

  • The TAIEX surged 693 points to 46,551 on September 4, reclaiming 46,000.
  • Six passive-component stocks including Yageo and Walsin Technology hit limit-up.
  • Trading volume reached NT$825.6 billion as electronics and the TPEx Index advanced.

Taiwan’s TAIEX staged a powerful rebound on September 4, surging 693 points, or 1.51%, to close at 46,551 and reclaim the 46,000 level on turnover of NT$825.6 billion, or about $26.1 billion. The advance followed a broad U.S. rally in the prior session, when the Dow Jones Industrial Average rose 624 points and the Nasdaq Composite gained 1.4% on falling bond yields and strength in large-cap technology stocks. The TAIEX opened 134 points higher, touched an intraday high of 46,621 and finished near session peaks after gains briefly narrowed midday. Large-cap electronics held firm: Taiwan Semiconductor Manufacturing rose NT$20 to NT$2,410 (0.84%), MediaTek climbed NT$75 to NT$4,415 (1.73%) and Hon Hai advanced NT$8.50 to NT$256 (3.43%), while Quanta Computer and Delta Electronics gained 2% to 3%. AI-linked names Wistron and ASUSTeK Computer strengthened, with ASUSTeK reclaiming NT$1,000. Passive components led the tape as Yageo, Walsin Technology, Taiwan Chinsan Electronic Industrial, Holy Stone Enterprise, Viking Tech and TA-I Technology all closed at limit-up; peers including Prosperity Dielectrics, Nichidenbo and Lelon Electronics rose more than 8%. Memory and PCB shares also recovered, though substrate leaders Nan Ya PCB and Unimicron fell more than 2% after Broadcom CEO Hock Tan said the company would activate high-end substrate capacity in Singapore from 2027. Electronics rose 1.2%, financials 0.38% and the TPEx Index 1.19% as capital rotated into small- and mid-cap electronics. Analysts said selling after the recent correction had been largely absorbed and that price-hike and restocking themes drew inflows, though lighter volume left some investors on the sidelines; subsequent U.S. equity performance and foreign institutional flows remain the key gauges of rebound sustainability.

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