Taiwan Weighted (TAIEX) closes 1.95 percent lower as chips slide
Published on 10/13/2026 at 18:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSForeign selling drives defensive rotation
- The index closed at 48,341 points on October 13, down 961 points or 1.95 percent.
- A 2.67 percent drop in the Philadelphia Semiconductor Index intensified pressure on Taiwan chips.
- TSMC fell 1.97 percent, while MediaTek lost 2.16 percent.
- TSMC reports third-quarter results on October 15 at 2:00 p.m. Taipei time.
The Taiwan Weighted (TAIEX) closed at 48,341 points on October 13, losing 961 points or 1.95 percent, Focus Taiwan reported. The decline followed a 2.67 percent drop in the Philadelphia Semiconductor Index after an attack on a Saudi Arabian airport sent crude oil prices higher, CNA said.
TSMC fell 1.97 percent to TWD 2,490 and contributed 400 points to the index decline. MediaTek lost 2.16 percent, while Delta Electronics dropped 6.58 percent, according to CNA.
Why did Taiwan Weighted (TAIEX) fall today?
Technology stocks led the decline as investors reacted to heavy losses in U.S. chip shares and renewed concern over artificial-intelligence demand. Foreign institutions sold TWD 165.34 billion of Taiwan-listed shares, the third-largest daily foreign selloff on record, Focus Taiwan reported.
The index opened at 49,126 points and fell to 48,066 points before recovering. Turnover reached TWD 1.13 trillion, compared with TWD 894.52 billion on October 12, according to Focus Taiwan.
Winners and losers in Taiwan Weighted (TAIEX)
The following winners and losers were listed at the Taiwan close by Investing.com:
- Kim Forest Enterprise up 10.0 percent
- Ever Ohms Technology up 10.0 percent
- Zhong Yang Technology up 10.0 percent
- Pell Bio Med Technology down 10.0 percent
- Spirox down 10.0 percent
- Ta Liang Technology down 10.0 percent
Financial and petrochemical shares offered support
Financial shares rose 1.13 percent as rotational buying partly offset losses in electronics. Petrochemical stocks also advanced after stronger earnings from Formosa Plastics group companies, while falling shares outnumbered rising shares by 744 to 283.
What comes next for Taiwan Weighted (TAIEX)
TSMC is scheduled to release third-quarter results on October 15 at 2:00 p.m. Taipei time. Analysts are focused on profit, margins, fourth-quarter guidance and capital spending, Yahoo Finance reported.
More market reports and analysis on the Taiwan Weighted (TAIEX)
