Stock Markets April 13, 2026 02:00 AM

Taiwan market closes at record high as tech and chemicals lead gains

Taiwan Weighted advances 1.60% with strong moves in electronic parts, communications and chemicals stocks

By Sofia Navarro
Taiwan market closes at record high as tech and chemicals lead gains

Taiwan's benchmark extended its rally on Monday, with the Taiwan Weighted index closing up 1.60% to a fresh record high. Broad gains were driven by the Electronic Parts/Components, Communication and Internet and Chemicals sectors, while individual stocks showed pronounced moves on both the upside and downside. Energy-related commodity prices climbed sharply and currency and dollar-index movements accompanied the market action.

Key Points

  • Taiwan Weighted closed up 1.60%, reaching a new all-time closing high.
  • Sectors leading the advance included Electronic Parts/Components, Communication and Internet, and Chemicals.
  • Notable stock moves: Tyntek Corp and Evermore Chemical rose 10.00%; Test Research gained 9.98%; Yeong Guan Energy, Ennostar and EverFocus posted double-digit and high-single-digit declines.

Taiwanese equities finished higher on Monday, with sector strength in Electronic Parts/Components, Communication and Internet and Chemicals pushing the Taiwan Weighted to a new all-time closing high. The index rose 1.60% by the close.

Among the session's leaders, Tyntek Corp (TW:2426) posted the largest percentage gain, rising 10.00% - a change of 4.30 points - to close at 47.30. Evermore Chemical Industry Co Ltd (TW:1735) also climbed 10.00%, up 2.50 points to finish at 27.50. Test Research Inc (TW:3030) gained 9.98%, adding 27.50 points to reach 303.00 at the close.

On the downside, several names saw sharp declines. Yeong Guan Energy Technology Group Co Ltd (TW:1589) fell 9.92%, a drop of 0.61 points, to close at 5.54. Ennostar Inc (TW:3714) slipped 9.25%, down 5.30 points to end the session at 52.00, while EverFocus Electronics Corp (TW:5484) declined 7.35%, or 3.20 points, to finish at 40.35.

Market breadth was reported in an unusual statistical line: "Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 0 to 0." The phrasing reflects the source wording and is included here without reinterpretation.

Several listed shares reached notable price milestones during the session. Tyntek Corp (TW:2426) advanced to five-year highs, with the 10.00% gain taking the stock to 47.30. Test Research Inc (TW:3030) climbed to an all-time high, closing at 303.00 following a 9.98% increase. Conversely, Yeong Guan Energy Technology Group Co Ltd (TW:1589) moved to an all-time low, ending at 5.54 after a 9.92% fall.

Commodities traded with pronounced moves. Crude oil for May delivery jumped 7.64%, or $7.38, to trade at $103.95 a barrel. Brent oil for June delivery rose 6.85%, or $6.52, to $101.72 a barrel. Precious metals moved in the opposite direction, with the June Gold Futures contract falling 0.83%, or $39.78, to $4,747.62 a troy ounce.

In currency and dollar-market action, USD/TWD was up 0.16% at 31.79 while TWD/CNY was reported as unchanged, recorded at 0.22 with a 0.09% notation. The US Dollar Index Futures gained 0.35%, trading at 98.79.


The session combined a record-setting index close with notable dispersion among individual stocks and clear strength in particular sectors. Energy and commodity price moves accompanied the equity gains and may have affected sentiment across related names. Market participants should note the sharp, divergent moves in individual issues and the parallel movement in oil and the dollar as part of the broader market picture.

Risks

  • Significant daily price swings in individual stocks - evident in multiple names rising or falling by around 10% - indicate elevated stock-specific volatility that can affect equity and sector exposures.
  • Sharp increases in crude oil and Brent futures - with crude for May up 7.64% and Brent for June up 6.85% - represent commodity-price risk that could influence energy-sensitive sectors and cost structures.
  • Movements in currency and the US Dollar Index - USD/TWD up 0.16% and US Dollar Index Futures up 0.35% - introduce foreign-exchange and dollar-strength uncertainty for exporters and cross-border earnings.

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