The Taiwan stock market has finished higher in four straight sessions, advancing more than 350 points or 3.2 percent along the way. The Taiwan Stock Exchange now rests just beneath the 11,100-point plateau although investors figure to lock in gains on Wednesday.
The global forecast for the Asian markets is broadly negative thanks to renewed geopolitical concerns and a drop in crude oil prices. The European and U.S. markets were firmly lower and the Asian bourses figure to follow suit.
The TSE finished modestly higher on Tuesday following gains from the technology stocks and steel producers, while the financials came in mixed.
For the day, the index collected 93.53 points or 0.85 percent to finish at the daily high of 11,095.63 after moving as low as 11,014.87 on turnover of 130.46 billion Taiwan dollars.
Among the actives, Cathay Financial skidded 1.10 percent, while Fubon Financial shed 0.39 percent, Mega Financial collected 0.79 percent, Taiwan Semiconductor Manufacturing Company jumped 1.97 percent, AU Optronics added 0.74 percent, Hon Hai Precision climbed 0.95 percent, Largan Precision spiked 2.28 percent, Nanya Technology surged 8.31 percent, China Steel gained 0.63 percent and United Microelectronics Corporation and Taiwan Steel Union were unchanged.
The lead from Wall Street is soft as stocks failed to hold a higher open Tuesday before sliding firmly into negative territory.
The Dow slid 171.58 points or 0.68 percent to 25,007.03, while the NASDAQ tumbled 77.31 points or 1.02 percent to 7,511.01 and the S&P fell 17.71 points or 0.64 percent to 2,765.31.
The weakness came amid renewed geopolitical concerns after President Donald Trump fired Secretary of State Rex Tillerson and replaced him with CIA Director Mike Pompeo.
Traders shrugged off a Labor Department report showing a modest increase in consumer prices and core CPI in February.
Crude oil futures were lower Tuesday amid expectations that U.S. oil inventories rose for a third week in a row. April WTI oil was down 65 cents or 1.1 percent to settle at $60.71/bbl.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.