TAIPEI (Taiwan News) — Taiwan’s stock market ended lower Friday after a highly volatile session in which the benchmark index set a new intraday record before retreating.
The Taiwan Stock Exchange Capitalization Weighted Stock Index (TAIEX) fell 579.39 points to 41,172.36 after touching an intraday high of 42,408.66. Turnover totaled NT$1.3 trillion (US$42.5 billion), according to CNA and CTEE.
For the week, the index declined 617.7 points, according to the Taiwan Stock Exchange.
TSMC edged down 0.22% to NT$2,265. Foxconn rose 1.64% to NT$248.5 after its investor briefing was viewed positively by the market.
MediaTek declined 4.26% to NT$3,260. Delta Electronics fell 3.71% to NT$2,075.
Passive component stocks continued to attract buying interest, supported by expectations of price adjustments, improving inventory conditions, and a gradual recovery in demand. Honey Hope Honesty, Nichidenbo, Laser Tek Taiwan, and Apaq Technology hit the daily limit-up.
Robotics-related shares also gained attention ahead of Nvidia’s upcoming earnings report and the Computex technology exhibition. Solomon Technology, Usun Technology, Taiwan Benefit, Tbi Motion Technology, and Ying Han Technology hit the daily limit-up.
Mirle Automation also advanced, driven by expectations surrounding AI applications in space-related technologies and industrial automation. The stock set a record high, hitting the daily limit-up at NT$126.5.
Defense and aerospace-related stocks held relatively steady after renewed geopolitical attention linked to developments in Russia and Ukraine. Thunder Tiger, Lungteh Shipbuilding, Aerospace Industrial Development, and Aerowin Technology saw selective buying support.
Memory-related stocks moved lower as investors locked in recent gains. Nanya Technology, Winbond Electronics, and Macronix International all finished lower.
Analysts said the session reflected a technical pullback after last week’s record highs. Selling pressure emerged as conditions appeared technically stretched, prompting profit-taking.
Taishin Securities Investment Advisory Deputy General Manager Huang Wen-ching (黃文清) said the market’s medium- to long-term outlook still offers room for further gains. However, he added that recent advances driven by strong AI-related growth and earnings tailwinds are being digested, with conditions now entering a phase of consolidation.
Analysts noted that near-term direction will depend on whether heavyweight technology stocks stabilize and whether trading volume remains steady in the coming sessions. They said attention is now turning to upcoming US corporate earnings and China macroeconomic data, which may influence market sentiment in the week ahead.
This information is not intended as personalized financial advice. Investors are encouraged to conduct their own research and analysis before making investment decisions.