Taiwan stocks rebounded on the morning of the 3rd after the TAIEX fell 784 points in the previous session. The benchmark rose as much as 240 points to 46,413, up 0.52%, with estimated turnover of NT$1.2 trillion, or about $37.8 billion. The TPEx gained 1.1% to 411.31, led by small- and mid-cap shares. Memory stocks, panel makers and semiconductor equipment companies drove the recovery, while Formosa Plastics and Formosa Chemicals & Fibre supported the index among traditional industries. Analysts attributed the previous decline to catch-up selling after MSCI weighting adjustments, US-Iran tensions and rising US Treasury yields. They said the durability of the rebound depends on expanding volume and foreign institutional positioning in futures and spot markets, while investors should monitor yields, geopolitical developments and avoid chasing rallies or selling into weakness.