TAIEX Live: Taiwan Index Retreats Slightly on April 14; Will Global Tech Momentum Spark Rebound on April 15?
Key Highlights:
Taipei, April 15 (IST): The TAIEX (Taiwan Capitalization Weighted Stock Index) ended April 14 on a subdued note, falling 15.68 points (-0.08%) to settle at 19,513.09. Despite opening at 19,686.68 and climbing above 20,000 briefly during the morning session, the index struggled to maintain momentum, weighed down by late-session profit booking.
As we head into April 15, traders and investors are looking toward U.S. tech sector strength, Asian peer performance, and Taiwan’s semiconductor leadership to determine whether the market will rebound.
April 14 Recap: TAIEX Faces Resistance Near 20,000
- Open: 19,686.68
- High: 20,023.63
- Low: 19,508.93
- Close: 19,513.09
- Change: -15.68 points (-0.08%)
- 52-Week Range: 17,306.97 – 24,416.67
Despite early optimism, the index fell back below 19,600 as selling pressure intensified during the second half of the trading day. The psychological barrier of 20,000 acted as a ceiling, keeping gains in check.
TAIEX Prediction – April 15, 2025
Global Tailwinds Suggest Mild Upside
- Nasdaq and S&P 500 ended higher on April 14, lifting sentiment across Asia.
- Nikkei 225 and KOSPI opened strong, indicating bullish regional flow.
- A weaker New Taiwan Dollar (TWD) could favor exporters and chipmakers.
Challenges Ahead
- Profit-booking near resistance levels could re-emerge.
- China’s GDP data, expected this week, may add caution.
- Local earnings season could trigger stock-specific volatility.
Technical Indicators – Intraday Levels to Watch
| Indicator | Status |
|---|---|
| RSI | Neutral near 55 |
| MACD | Weak bearish crossover |
| Resistance | 19,700 – 20,000 |
| Support | 19,450 – 19,300 |
| Bias | Sideways to bullish |
A decisive break above 19,700 will be required for bulls to retest 20,000. Failure to hold 19,450 could lead to mild intraday corrections.
Sectoral Trends to Watch – April 15
- Semiconductors: TSMC, MediaTek remain focal points amid global chip demand.
- Financials: Cathay Financial and Fubon Financial may see action based on bond yields.
- Electronics & Machinery: Delta Electronics and Hon Hai Precision face earnings scrutiny.
- Shipping & Logistics: Evergreen and Yang Ming may see muted movement as freight rates stabilize.
Investor Sentiment
Market breadth on April 14 turned negative by the close, showing more losers than gainers. However, foreign institutional investors (FIIs) remain net buyers on optimism around Taiwan’s export economy.
The TAIEX’s slight 15-point dip on April 14 does little to shake the medium-term bullish narrative. While investors exercised caution near the 20,000 level, improving global cues—especially from tech-heavy U.S. markets—and continued strength in Taiwan’s semiconductor space could trigger a recovery on April 15.
Unless major negative catalysts emerge, the index is likely to oscillate between 19,450 and 19,750, with a potential breakout if buyers defend support levels.
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