The Taiwan stock market rebounded on Monday, one session after it had snapped the five-day winning streak in which it had advanced almost 180 points or 1.7 percent. The Taiwan Stock Exchange now rests just above the 10,900-point plateau and it's expected to open higher again on Tuesday.
The global forecast for the Asian markets is firm thanks to news of a trade deal between the United States and Mexico. The European and U.S. markets were higher and the Asian bourses figure to follow suit.
The TSE finished modestly higher on Monday following gains from the technology stocks and telecoms, while the financials came in mixed.
For the day, the index advanced 92.86 points or 0.86 percent to finish at 10,902.21 after trading between 10,847.17 and 10,916.69 on turnover of 105.14 billion Taiwan dollars.
Among the actives, Taiwan Semiconductor Manufacturing Company added 0.62 percent, while Largan Precision soared 2.44 percent, On Hai Precision eased 0.12 percent, Asia Optical spiked 2.29 percent, AsusTek Computer gained 0.60 percent, United Microelectronics Corporation perked 0.58 percent, MediaTek skidded 1.00 percent, Chunghwa Telecom picked up 0.47 percent, Fubon Financial advanced 1.71 percent, CTBC Financial collected 0.23 percent, Mega Financial fell 0.77 percent, First Financial lost 0.73 percent and Cathay Financial was unchanged.
The lead from Wall Street is positive as stocks showed a strong move to the upside on Monday, adding to last week's gains. The NASDAQ and the S&P hit new record closing highs and the Dow touched a seven-month closing high.
The Dow Jumped 259.29 points or 1.01 percent to 26,049.64, the NASDAQ advanced 71.92 points or 0.91 percent to 8,017.90 and the S&P 500 climbed 22.05 points or 0.77 percent to 2,896.74.
The continued strength on Wall Street came as President Donald Trump said the U.S. has reached a preliminary trade deal with Mexico. Trump said the deal will replace the North American Free Trade Agreement but suggested Canada could be excluded from the new pact.
Crude oil futures ended higher on Monday despite reports suggesting a likely increase in oil output from major producers. Crude oil futures for October ended up $0.15 or 0.2 percent at $68.87, the highest close in three weeks.
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Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.