Taiwan’s TAIEX climbed 892.75 points, or 1.93%, to close at a session high of 47,180.75 on the 18th, reclaiming 47,000 as technology and semiconductor shares rebounded globally. The TPEx Index rose 3.64% to 412.68, while main-board turnover reached NT$1.075065 trillion, approximately $33.8 billion, and combined turnover with the over-the-counter market exceeded NT$1.34 trillion, or approximately $42.1 billion. The rally followed gains in U.S. technology shares and semiconductor indexes, including a 1.69% rise in the Nasdaq Composite and a 3.14% increase in the Philadelphia Semiconductor Index, while lower oil prices and Treasury yields eased immediate inflation and interest-rate concerns. TSMC, United Microelectronics, MediaTek, memory-chip makers and high-priced electronics stocks led the advance, although financial shares generally weakened. Analysts said the rally’s durability will depend on continued U.S. technology gains, elevated trading activity and foreign institutional buying.