TAIEX Reclaims 47,000 as Chips Surge 2%: Foreign Investors Return, MediaTek Jumps 7% — Taiwan Market Wrap

The TAIEX surged 939 points (+2.04%) to 47,035.58 on Wednesday, retaking the 47,000 mark as semiconductors tracked a 3.6% overnight SOX rally. All three institutional groups bought — foreigners returned with NT$15.9B of net purchases — while MediaTek leapt 6.94% ahead of Friday’s investor conference.

TAIEX Falls 1.13% as Foreign Investors Sell NT$79.5B and the Taiwan Dollar Slides Ahead of Futures Settlement

Taiwan stocks ignored a positive Wall Street lead on Tuesday: the TAIEX closed down 1.13% at 46,292.93 as foreign investors sold a net NT$79.54B, the Taiwan dollar weakened to around 32.6 per US dollar, and the central bank issued a rare intraday statement — all one day before TAIFEX final settlement.