Taiwan's benchmark TAIEX closed at 46,331.45 points on August 28, up 356.23 points and above the 46,000 threshold, on turnover of roughly NT$1.023 trillion. TSMC rose NT$10 to NT$2,420, and 36 listed stocks hit their daily limit after NVIDIA's earnings beat lifted sentiment at the open.
What happened to Taiwan's benchmark index and TSMC on August 28?
Taiwan's weighted index (TAIEX) closed at 46,331.45 points, up 356.23 points, moving above the 46,000 markCITE:E1CITE:E10. TSMC closed at NT$2,420, up NT$10 or 0.41%, with turnover in the stock reaching NT$32.763 billion (327.63億元)CITE:E3CITE:E16.
What sparked the early rally?
NVIDIA's quarterly earnings and forward guidance beat market expectations, sending its own stock up 8.74%CITE:E6. That move fed through to Taiwan's electronics-heavy market at the open: TAIEX opened up 95.61 points at 46,070.83, led by TSMC, UMC, MediaTek and Nanya Technology among the early gainersCITE:E8. CNA reported that NVIDIA's results drove TAIEX as much as 600 points higher in the morning sessionCITE:E6.
What intraday highs did TAIEX break through?
TAIEX climbed as high as 46,574 points intraday, a gain of 599 points from the prior closeCITE:E7CITE:E9. That level took the index past the previous swing high of 46,402 points, which had been set on August 14CITE:E7.
Did trading volume support the rally?
Turnover for the session came to roughly NT$1.023 trillion (新台幣1兆230億元), matching a separately reported figure of NT$1.02 trillionCITE:E2CITE:E10. That volume accompanied the index's move from an opening gain of 95.61 points to a closing gain of 356.23 pointsCITE:E8CITE:E1.
Why did 36 stocks hit their daily limit?
Thirty-six listed stocks, including UMC, locked at their daily limit as TAIEX closed up 356.23 pointsCITE:E11. UMC itself closed at its limit price of NT$130, with same-day turnover of NT$40.956 billion (409.56億元), the fourth-highest turnover of the sessionCITE:E15.
How did other heavyweight stocks perform?
MediaTek, Delta Electronics, Yageo and Largan Precision all posted gains alongside TSMC. The table below ranks the ten stocks with the highest turnover on August 28.
| Rank | Company | Change | Close (NT$) | Turnover (NT$ billion) |
|---|
| 1 | Yageo | +42 | 597 | 43.765 |
| 2 | Nan Ya Plastics | -7 | 220.5 | 43.206 |
| 3 | Nanya Technology | -1 | 540 | 41.417 |
| 4 | UMC | limit-up | 130 | 40.956 |
| 5 | TSMC | +10 | 2,420 | 32.763 |
| 6 | Largan Precision | +150 | 7,065 | 31.906 |
| 7 | Unimicron | -70 | 1,110 | 31.645 |
| 8 | Winbond | -4.5 | 181.5 | 28.035 |
| 9 | Delta Electronics | +60 | 1,830 | 22.776 |
| 10 | WIN Semiconductors | -6.5 | 439 | 21.737 |
CITE:E12CITE:E13CITE:E14CITE:E15CITE:E16CITE:E17CITE:E18CITE:E19CITE:E20CITE:E21
MediaTek closed at NT$3,985, up NT$120 or 3.10%CITE:E4. Delta Electronics closed at NT$1,830, up NT$60 or 3.39%, with turnover of NT$22.776 billionCITE:E5CITE:E20. Yageo closed at NT$597, up NT$42, with the day's highest turnover at NT$43.765 billionCITE:E12. Largan Precision closed at NT$7,065, up NT$150, with turnover of NT$31.906 billionCITE:E17.
Why did memory and materials-linked stocks diverge from the rally?
Five of the ten highest-turnover stocks fell even as the index climbed: Nan Ya Plastics, Nanya Technology, Unimicron, Winbond and WIN Semiconductors. Nan Ya Plastics closed at NT$220.5, down NT$7, on turnover of NT$43.206 billion, the second-highest of the sessionCITE:E13. Nanya Technology closed at NT$540, down NT$1, with turnover of NT$41.417 billionCITE:E14. Unimicron closed at NT$1,110, down NT$70, with turnover of NT$31.645 billionCITE:E18. Winbond closed at NT$181.5, down NT$4.5, with turnover of NT$28.035 billionCITE:E19. WIN Semiconductors closed at NT$439, down NT$6.5, with turnover of NT$21.737 billionCITE:E21.
What does this mean
TAIEX's move past its August 14 high of 46,402 points to an intraday 46,574 and a close of 46,331.45 was accompanied by both large turnover (NT$1.023 trillion) and broad-based limit-up activity (36 stocks)CITE:E7CITE:E9CITE:E1CITE:E10CITE:E11. Yet within the day's ten highest-turnover names, the gains concentrated in chip- and component-linked stocks — TSMC, UMC, MediaTek, Delta Electronics, Yageo and Largan Precision — while Nan Ya Plastics, Nanya Technology, Unimicron, Winbond and WIN Semiconductors, all among the top ten by turnover, closed lowerCITE:E12CITE:E13CITE:E14CITE:E15CITE:E16CITE:E17CITE:E18CITE:E19CITE:E20CITE:E21.
Author's Take・EffectStory 編輯部
The headline numbers — a 356.23-point gain, NT$1.023 trillion in turnover, and 36 stocks locked at their daily limit — describe a broad-based session, but the turnover-leader table tells a narrower story. Among the ten stocks with the highest turnover, the winners were concentrated in chip and component names tied to the NVIDIA earnings spillover (TSMC, UMC, MediaTek, Delta Electronics, Yageo, Largan Precision), while Nan Ya Plastics, Nanya Technology, Unimicron, Winbond and WIN Semiconductors — all still among the day's top ten by turnover — closed lower. That split matters more than the index print itself: high volume with limit-ups shows participation, but participation and direction aren't the same thing when five of the ten most-traded names moved against the tape. The metric worth watching next session is whether Nan Ya Plastics, Nanya Technology, Winbond and WIN Semiconductors stay near the top of the turnover ranking while still declining, or whether flows rotate back into them — that would tell us if the NVIDIA-driven move was a broad re-rating or a narrow, chip-specific spillover.