The Taiwan stock market bounced higher again on Monday, one session after ending the four-day winning streak in which it had surged almost 3,000 points or 7 percent. The Taiwan Stock Exchange now sits just above the 41,790-point plateau and it's expected to remain in that neighborhood again on Tuesday. The global forecast for the Asian markets is mixed with a touch of upside as ambiguity continues to reign in the Middle East. The European markets were mixed and the U.S. bourses were slightly higher and the Asian markets figure to split the difference.
The TSE finished modestly higher on Monday following gains from the plastics companies and mixed performances from the financial shares and technology stocks. For the day, the index advanced 186.12 points or 0.45 percent to finish at 41,790.06 after trading between 41,529.25 and 42,021.78. Among the actives, Cathay Financial dipped 0.16 percent, while Mega Financial fell 0.25 percent, CTBC Financial collected 0.62 percent, First Financial perked 0.17 percent, Fubon Financial slumped 1.24 percent, E Sun Financial shed 0.62 percent, Taiwan Semiconductor Manufacturing Company tanked 2.40 percent, United Microelectronics Corporation soared 4.05 percent, Hon Hai Precision improved 0.80 percent, Largan Precision skidded 0.97 percent, Catcher Technology jumped 1.46 percent, MediaTek surged 6.89 percent, Delta Electronics jumped 2.05 percent, Novatek Microelectronics fell 0.30 percent, Formosa Plastics strengthened 1.44 percent, Nan Ya Plastics rallied 3.27 percent and Asia Cement dropped 0.86 percent.
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.