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Taiwan Stock Market May Add To Its Winnings On Thursday

April 01, 2026 — 08:33 pm EDT

Written by

RTTNews.com for

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(RTTNews) - The Taiwan stock market on Wednesday ended the four-day losing streak in which it had plunged almost 1,700 points or 5.3 percent. The Taiwan Stock Exchange now sits just above the 33,170-point plateau and it's expected to extend its gains on Thursday.

The global forecast continues to be upbeat on optimism over an end to hostilities in the Middle East. The European and U.S. markets were up and the Asian bourses are expected to follow that lead.

The TSE finished sharply higher on Wednesday with gains across the board, especially among the financial shares, technology stocks and plastics companies.

For the day, the index surged 1,451.83 points or 4.58 percent to finish at 33,174.82 after trading between 31,892.33 and 33,182.22.

Among the actives, Mega Financial improved 1.30 percent, while CTBC Financial collected 4.68 percent, First Financial increased 0.89 percent, Fubon Financial added 2.09 percent, E Sun Financial elevated 1.73 percent, Taiwan Semiconductor Manufacturing Company vaulted 5.40 percent, United Microelectronics Corporation climbed 1.59 percent, Hon Hai Precision spiked 5.07 percent, Largan Precision expanded 1.62 percent, Catcher Technology advanced 0.80 percent, MediaTek tumbled 1.68 percent, Delta Electronics surged 6.88 percent, Novatek Microelectronics accelerated 3.16 percent, Formosa Plastics strengthened 1.63 percent, Nan Ya Plastics soared 6.50 percent, Asia Cement jumped 1.73 percent and Cathay Financial was unchanged.

The lead from Wall Street is firm as the major averages opened higher on Wednesday and remained in the green throughout the trading day, although ending off session highs.

The Dow jumped 224.23 points or 0.48 percent to finish at 46,565.74, while the NASDAQ rallied 250.32 points or 1.16 percent to end at 21,840.95 and the S&P 500 gained 46.80 points or 0.72 percent to close at 6,575.32.

The extended the rally on Wall Street came amid optimism about an end to the U.S. war with Iran following the latest comments by President Donald Trump, who said he expects U.S. military forces to leave Iran in "two or three weeks."

The price of crude oil has extended Tuesday's pullback following Trump's comments, with U.S. crude oil futures falling below $100 a barrel.

Crude oil has plummeted on Wednesday after Trump's comments, even if the Strait of Hormuz remains blocked and U.S. goals are not completely met. West Texas Intermediate crude for May delivery was down $1.68 or 1.66 percent at $99.70 per barrel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.