Taiwan’s weighted index closed 337.41 points higher at 45,848.90 on the 16th after rising as much as 560 points intraday and briefly reclaiming 46,000. Turnover reached NT$643.765 billion, or approximately $20.3 billion. The rebound broadened beyond TSMC, which ended flat at NT$2,380 after completing its NT$7 ex-dividend adjustment, as MediaTek, memory, optical communications and other electronics stocks advanced. The TPEx Index jumped 2.70% to 399.21, reflecting revived interest in small- and mid-cap shares. The three major institutional categories sold a combined NT$21.381 billion, with foreign investors and mainland Chinese capital selling NT$17.98 billion, investment trusts buying NT$9.574 billion and proprietary traders selling NT$12.974 billion. ETF trading remained active, led by CTBC Taiwan Income ETF, while Hermes Testing Solutions’ TPEx offering froze NT$865.6 billion in applications. Analysts said AI-related demand remains a long-term support, but investors are focused on Federal Reserve policy, futures settlement, rapid sector rotation and whether turnover can expand.