Stock Markets May 29, 2026 02:05 AM

Taiwan market closes at record high as plastics, components and semiconductors lead gains

Taiwan Weighted climbs 1.68% with major swings among individual names; commodities and FX see modest moves

By Ajmal Hussain

Taiwan's benchmark stock index finished higher on Friday, rising 1.68% to set a new all-time high as gains in the Plastic, Electronic Parts/Components and Semiconductor sectors drove the advance. Several individual issues posted double-digit percentage moves, both up and down. Commodities and currency markets recorded modest fluctuations, with crude oil and Brent falling while gold and the US dollar index futures edged higher.

Taiwan market closes at record high as plastics, components and semiconductors lead gains

Key Points

  • Taiwan Weighted rose 1.68% to a new all-time high, led by Plastic, Electronic Parts/Components and Semiconductor sectors.
  • Notable winners included Enlight Corp (TW:2438), Walton Advanced Engineering (TW:8110), and United Microelectronics (TW:2303).
  • Notable losers included In Win Development (TW:6117), Far Eastern New Century (TW:1402), and EZconn (TW:6442); FX and commodities showed modest movement.

Market close overview

Taiwanese equities ended the session higher on Friday, with the Taiwan Weighted gaining 1.68% to reach a new all-time peak. The advance was led by strength in the Plastic, Electronic Parts/Components and Semiconductor sectors.

Top performers and biggest decliners

  • Enlight Corp (TW:2438) finished up 10.00%, a rise of 2.30 points, to close at 25.30.
  • Walton Advanced Engineering Inc (TW:8110) added 9.98%, or 5.50 points, to end the day at 60.60.
  • United Microelectronics Corporation (TW:2303) gained 9.96%, up 13.00 points, to close at 143.50.
  • In Win Development Inc (TW:6117) was the session's weakest, falling 10.00% or 9.50 points to 85.50.
  • Far Eastern New Century Corp (TW:1402) declined 9.98%, a drop of 2.60 points, to finish at 23.45.
  • EZconn Corp (TW:6442) slipped 9.93%, or 225.00 points, to close at 2,040.00.

Market breadth and notable price milestones

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 0 to 0. Within the session, shares of Far Eastern New Century Corp (TW:1402) fell to five-year lows, dropping 9.98% to 23.45. At the same time, United Microelectronics Corporation (TW:2303) climbed to an all-time high, gaining 9.96% to 143.50.

Commodities and currency moves

Commodity markets recorded mixed moves during the session. Crude oil for July delivery fell 0.99% or 0.88 to $88.02 a barrel. Brent oil for August delivery declined 0.79% or 0.73 to $91.97 a barrel. The August Gold Futures contract rose 0.39% or 17.77 to trade at $4,550.17 a troy ounce.

On the currency front, USD/TWD was down 0.16% to 31.37, while TWD/CNY was effectively unchanged, moving 0.05% to 0.22. The US Dollar Index Futures was up 0.03% at 99.00.


Summary takeaways

  • The Taiwan Weighted reached a new record, supported by strength in plastics, electronic parts/components and semiconductor names.
  • Individual stocks experienced sharp moves in both directions, with multiple issues posting near-double-digit percentage gains and losses.
  • Commodities and FX showed modest swings, with oil lower, gold higher and small moves in USD/TWD and TWD/CNY.

Context and limitations

The report reflects market moves recorded at the close. The breadth figure reported as "0 to 0" was presented in the session summary and is included as reported. The account does not provide further intraday drivers or company-specific announcements beyond the price and percentage changes noted above.

Risks

  • Significant intraday volatility in individual equities - several names moved nearly 10% in either direction, which raises risks for equity holders in the Plastic, Electronic Parts/Components and Semiconductor sectors.
  • Downward pressure in energy markets - crude oil and Brent both fell, which can affect energy-linked balance sheets and input costs for certain manufacturers.
  • Currency fluctuations - small moves in USD/TWD and TWD/CNY could affect exporters and importers that are sensitive to exchange-rate shifts.

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