The TAIEX closed essentially unchanged at 45,624.98 on Thursday, absorbing a 2% overnight drop in the Philadelphia Semiconductor Index. Foreign investors sold a heavy NT$48.33B in cash equities while TSMC rose 1.23% ahead of its 14:00 earnings conference.
Taipei closed 0.55% higher on settlement Wednesday per our quote feed (see the data note on a conflicting wire print) as UMC surged nearly 10% and domestic institutions bought NT$21.6B, offsetting mild foreign selling — all with TSMC’s Q2 results due Thursday afternoon.
The TAIEX closed at 44,737.95 on Tuesday, down 1.42%, as renewed U.S.-Iran tensions and Monday’s 4.78% drop in the Philadelphia Semiconductor Index hit Taipei. Foreign investors sold a net NT$51.89 billion, with TAIFEX settlement Wednesday and TSMC earnings Thursday.
Taiwan’s market reopened Monday after Friday’s typhoon closure and finished barely changed, with TSMC’s gain masking weakness in MediaTek and UMC. Foreign investors sold a net NT$19.58B, while investment trusts bought. TSMC reports Q2 results Thursday.