The Taiwan stock market has finished lower now in two straight sessions, tumbling almost 125 points or 1.3 percent along the way. The Taiwan Stock Exchange now rests just above the 9,255-point plateau, and the market may extend its losses again on Tuesday.
The global forecast for the Asian markets remains soft thanks to the weekend's referendum results in Greece - although bargain hunting may provide a lift later in the day. The European and U.S. markets were down on Monday and the Asian markets figure to open in similar fashion.
The TSE finished sharply lower on Monday following losses from the technology stocks and the financial shares, in particular.
For the day, the index plummeted 102.27 points or 1.09 percent to finish at the daily low of 9,255.96 after peaking at 9,347.54 on turnover of 81.53 billion Taiwan dollars.
Among the actives, Largan Precision, Taiwan Semiconductor Manufacturing Company, Catcher Technology, Fubon Financial Holding and Cathay Financial Holding all finished lower. The lead from Wall Street is broadly negative as stocks moved lower on Monday in a kneejerk response to the Greek vote. During the session, the Dow hit its lowest intraday level in five months. The Dow dipped 46.53 points or 0.3 percent to 17,683.58, while the NASDAQ slid 17.27 points or 0.3 percent to 4,991.94 and the S&P 500 fell 8.02 points or 0.4 percent to 2,068.76. The weakness followed news that the Greek people voted to reject the austerity measures proposed by the country's international creditors. The "no" vote on the referendum has added to recent concerns about Greece leaving the eurozone. European officials said they respect the Greek voters' decision but argued that it is now up to the Greek government to come up with a new proposal. On the U.S. economic front, the Institute for Supply Management reported that activity in the service sector expanded at a modestly faster rate in June.
Closer to home, Taiwan will release June numbers for consumer and wholesale prices later today. CPI is expected to fall 0.7 percent on year after slipping 0.73 percent 0.73 percent on year in May. WPI is called lower by 9.24 percent after easing 9.45 percent in the previous month. Also on tap, Taiwan also will see June data for imports, exports and trade balance. Imports are expected to plummet 17.6 percent on year after losing 5.4 percent in May. Exports are called lower by 6 percent after sliding 3.8 percent in the previous month. The trade balance is expected to show a surplus of $4.68 billion, down from $5.42 billion a month earlier.
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Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.