Taiwan’s TAIEX Poised for Upbeat Open After Nasdaq’s Strong Rally
Following a strong Nasdaq close, Taiwan’s TAIEX is expected to open higher on April 28, signaling continued bullish momentum.
Key Highlights:
TAIEX Opening Prediction: 28 April Upside Expected After Nasdaq’s Strong Close
As Taiwan’s markets reopen for the week, investors are expecting a bullish start for the TAIEX Index on Monday, April 28. This comes on the heels of a robust 1.26% rally in the Nasdaq Composite Index, which closed at 17,382.94 on April 25, driving positive sentiment across Asia-Pacific markets.
The TAIEX Index, which already surged 2.02% on Friday to close at 19,872.73, is poised to maintain upward momentum as global tech optimism remains strong.
Why TAIEX Tracks the Nasdaq
Taiwan’s stock exchange is heavily weighted toward semiconductors and technology, making it highly responsive to Wall Street trends, especially the Nasdaq.
- Nasdaq gains signal global tech recovery
- Upbeat earnings from U.S. chipmakers boost sentiment for TSMC, MediaTek, ASE
- Global funds likely to increase exposure to Taiwan equities
Projected Opening on April 28
- Likely Trend: 🔼 Bullish continuation
- Expected Gap-Up: +80 to +120 points
- Projected Opening Level: ~19,950 to 20,000
This implies a 0.4% to 0.6% rise, barring any domestic macroeconomic surprises.
Sectors to Watch
- Semiconductors: TSMC, UMC, and ASE Technology expected to see follow-through buying
- Tech Hardware: Largan Precision, Pegatron may track broader sector strength
- Exporters: Strong U.S. data supports Taiwan’s trade-focused firms
Who Will Be Affected
- Investors in Taiwan equities and tech-focused ETFs
- Semiconductor industry watchers
- Foreign institutions reallocating funds across Asia
- Retail traders seeking momentum plays
What This Means for You
If you’re invested in the Taiwanese market, the TAIEX opening prediction suggests a continuation of bullish momentum. It may present short-term opportunities in chipmakers and electronics, especially early in the session.
What Happens Next
While Monday’s open looks optimistic, investors should watch for:
- Earnings updates from TAIEX-listed tech giants
- U.S. economic data mid-week
- Currency trends, especially USD/TWD for export impact
A solid open would further validate investor confidence in Taiwan’s market recovery, especially if gains are backed by volume and sector breadth.
Stay updated with the latest from Hindustan Herald — your trusted source for
Politics, Business, Sports, Entertainment, Lifestyle, Breaking News, and More.
📲 Follow us on Facebook, Instagram, Twitter, LinkedIn, and YouTube
🔔 Join our Telegram channel @hindustanherald for real-time news alerts.
