The benchmark TAIEX advanced 625 points, or 1.7%, to a new all-time high of 36,980 in Wednesday morning trading, extending its winning streak to seven sessions. The rally tracked overnight gains on Wall Street, fueled by optimism surrounding US-Iran peace talks, which bolstered hopes among traders for easing oil prices.
Sentiment was further supported by expectations that China’s economy will grow 4.8% year-on-year in Q1, accelerating from a 4.5% expansion in Q4 2025. A raft of Chinese economic indicators, including Q1 GDP, is due for release on Thursday.
Most sectors traded higher, with notable strength in manufacturing, electronic technology, and distribution services. Shares of Lintes Technology, LCY Technology, Sixxon Tech, Ace Pilar, and Infortrend Technology each surged by around 10%.
Meanwhile, contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC), which represents more than 40% of the market’s total capitalization, climbed 1.7% after its American depositary receipts rose 2.79% overnight.
