Update 07:28 London, Monday close: Taiwan’s Taiex closed up 4.9% at 41,661.70, below its morning high of 42,349.36, when it was up 6.7%. TSMC ended up 4.7% and Hon Hai 6.5%, Taiwan Stock Exchange data showed.
Taiwan’s benchmark rebounded sharply on Monday after a record intraday plunge on Friday, as the government authorised its stabilisation fund to buy shares and new limits on short selling took effect.
MoneyTurkey Foreign Markets Desk | 9 November 2026
Key points
- The Taiex was up 5.95% at 42,064.83 around 10:45 Taipei time, from Friday’s close of 39,701.64.
- TSMC rose 6.32% to NT$2,270 (about $69.36) and Hon Hai gained 8.24% to NT$243 (about $7.42).
- The National Stabilisation Fund has been authorised to deploy up to NT$500 billion (about $15.3 billion), its tenth activation.
What happened
After Friday’s market close, Taiwan’s government authorised the National Stabilisation Fund to enter the market from Monday, the tenth time the fund has been activated, local business daily Commercial Times reported. The Financial Supervisory Commission also cut the daily cap on intraday short sales of borrowed shares to 3% from 30% and raised the margin requirement for short selling to 130% from 90%.
On Friday the index had fallen as much as 3,737 points during the session, its biggest intraday points drop on record, before closing down 1,873.08 points at 39,701.64, according to Economic Daily News. Monday’s bounce ended a seven-session losing run, Bloomberg reported.
It was not yet clear how much the fund had actually bought by mid-morning. In past episodes the fund has tended to favour heavily weighted technology and financial stocks.
Regional chip stocks
The rebound extended across Asian chipmakers. In Seoul, SK Hynix rose 4.42% to 1,182,000 won (about $872), and the KOSPI was up 1.92% at 5,156.91. In Tokyo, Tokyo Electron gained 6.45% to ¥8,796 (about $55.56), and the Nikkei 225 was up 3.44% at 59,411.34.
Session context
Moves elsewhere were smaller. The Shanghai Composite rose 0.54% to 3,668.93 and Hong Kong’s Hang Seng added 0.45% to 24,592.01. Australia’s S&P/ASX 200 was little changed at 9,012.2.
The Taiwan dollar firmed to 32.73 per US dollar from 33.11 on Friday.
What to watch
- Any disclosure from the stabilisation fund or the Financial Supervisory Commission on purchases
- Whether the Taiex holds above 40,000 into the close
- Foreign investor flows after heavy net selling last week
For information only. Not investment advice.
Sources
- Yahoo Finance market data (index, stock and currency quotes, about 02:47 London time): finance.yahoo.com
- Commercial Times, on the stabilisation fund’s tenth activation and the five market measures: ctee.com.tw
- Economic Daily News, on Friday’s session: money.udn.com
- Bloomberg via Mint, on Monday’s rebound and the short-selling curbs: livemint.com
