Stock Markets April 16, 2026 02:00 AM

Taiwan stocks rise as Taiwan Weighted closes at record high, led by glass, plastic and optoelectronics

Benchmark index advances 2.37% as several listed names post double-digit gains and commodities show mixed moves

By Derek Hwang
Taiwan stocks rise as Taiwan Weighted closes at record high, led by glass, plastic and optoelectronics

Taiwan's market closed higher on Thursday, with the Taiwan Weighted up 2.37% to a new all-time high. Strength in the Glass, Plastic and Optoelectronic sectors powered gains. Several individual stocks recorded 10.00% moves, while select energy and commodity-related names fell sharply. Oil, gold and currency benchmarks posted mixed changes.

Key Points

  • Taiwan Weighted rose 2.37% to close at a new all-time high, led by gains in the Glass, Plastic and Optoelectronic sectors.
  • Several stocks posted 10.00% advances, including AU Optronics (TW:2409), Grand Pacific Petrochemical Corp (TW:1312) and Hiwin Technologies Corp (TW:2049).
  • Notable declines included United Renewable Energy (TW:3576), Yeong Guan Energy Technology Group (TW:1589) and WNC Corp (TW:6285); commodities and currency pairs showed mixed movements.

Taiwan equities finished higher on Thursday, with the Taiwan Weighted rising 2.37% to reach a new all-time high at the close. Broad strength was concentrated in the Glass, Plastic and Optoelectronic sectors, which underpinned the market advance.

The session's top performers included AU Optronics (TW:2409), which climbed 10.00% or 1.80 points to close at 19.80. Grand Pacific Petrochemical Corp (TW:1312) also gained 10.00% or 1.35 points to finish at 14.85, while Hiwin Technologies Corp (TW:2049) rose 10.00% or 25.00 points to end trading at 275.00.

On the downside, United Renewable Energy Co Ltd (TW:3576) led decliners, falling 9.94% or 1.70 points to close at 15.40. Yeong Guan Energy Technology Group Co Ltd (TW:1589) declined 9.92% or 0.61 points to 5.54 at the close, and WNC Corp (TW:6285) was down 9.68% or 24.00 points to 224.00.

Within the exchange's listings, rising names outnumbered falling ones. The record shows: "Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 0 to 0."

Several companies marked notable price milestones in the session. AU Optronics (TW:2409) rose to 52-week highs, gaining 10.00% or 1.80 to 19.80. Grand Pacific Petrochemical Corp (TW:1312) also rose to 52-week highs, adding 10.00% or 1.35 to 14.85. Yeong Guan Energy Technology Group Co Ltd (TW:1589) fell to all-time lows, declining 9.92% or 0.61 to 5.54. Hiwin Technologies Corp (TW:2049) likewise advanced to 52-week highs, rising 10.00% or 25.00 to 275.00.

Commodity markets showed mixed moves during the trading day. Crude oil for May delivery increased 0.32% or 0.29 to $91.58 a barrel. Brent oil for June delivery slipped 0.15% or 0.14 to $94.79 a barrel. The June Gold Futures contract rose 0.44% or 21.46 to trade at $4,845.06 a troy ounce.

Currency and index futures also moved modestly. USD/TWD declined 0.18% to 31.55, while TWD/CNY was unchanged 0.28% to 0.22. The US Dollar Index Futures was down 0.06% at 97.80.


Market takeaway: The Taiwan market closed at a record level, buoyed by sector-specific gains in glass, plastic and optoelectronics, and punctuated by large percentage swings in several individual stocks. Commodities and currency pairs experienced modest and mixed shifts during the same session.

Risks

  • Significant single-stock volatility is evident, with multiple 10.00% moves and large percentage declines impacting market breadth - this affects equity investors and sector-specific traders.
  • Fluctuations in oil and gold prices could influence commodity-exposed sectors and related company valuations given the mixed commodity price moves reported.
  • Exchange rate shifts, such as the 0.18% decline in USD/TWD, introduce currency exposure risk for exporters and firms with cross-border revenue or costs.

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