Taiwan stocks take a hit: tsmc weathers the storm at nt$1,000

2025-03-03 tsmc

Taipei, Monday, 3 March 2025.
Following the 228 holiday, the taiwan stock market faced a sharp downturn. The index plummeted by 400 points. Investor sentiment was shaken by negative news. Amidst the turbulence, tsmc, a key player, managed to hold its ground at nt$1,000. This offers a glimpse of resilience in the face of market headwinds. The broader implications for taiwan’s tech sector and economy are now under close observation. Keep an eye on how global trade tensions and domestic policies might influence the market’s trajectory.

Market overview

The taiwan stock market experienced a downturn following the 228 holiday, with the index initially dropping over 400 points [1]. The market opened at 22,734 points before the decline [1]. This dip reflects a broader correction influenced by negative news during the holiday [1]. TSMC’s stock price saw an initial fall of 3.85%, equivalent to nT$40, but it stabilized at nT$1,000 [1]. The stock then fluctuated around nT$1,015, marking an overall decrease of nT$25, or 2.4% [1].

TSMC’s resilience and key levels

Despite the market slump, tsmc’s ability to maintain its stock price around nT$1,000 is noteworthy [1]. Analysts are closely watching whether tsmc can hold above its previous low of nT$992 from november 28 of the prior year [1]. The broader electronics sector experienced declines, adding pressure on tsmc [1]. Financial stocks demonstrated relative resilience, potentially offering some support to the overall market [1]. The financial insurance index remains above its 10-day moving average, suggesting possible stabilization from financial sector stocks [1].

External factors and market sentiment

Global factors are contributing to the market’s volatility. U.S. president trump’s announcement regarding tariffs on canada and mexico has heightened concerns [1]. His administration may impose an additional 10% tariff on chinese imports [1]. The rocky meeting between president trump and ukrainian president zelensky, where a mining agreement was not signed, has further unsettled investors [1]. These events have particularly impacted reconstruction-themed stocks related to the russia-ukraine conflict [1]. Investors are also closely monitoring upcoming ism manufacturing and non-manufacturing pmi data, along with non-farm payroll figures and unemployment rates [3].

Expert views and investment strategies

Analysts suggest a cautious approach, advising investors to consider their risk tolerance [3]. For more conservative investors, tsmc, hon hai, and quanta are potential options, requiring a holding period of three to six months [3]. These stocks are heavily influenced by international events due to high foreign ownership [3]. More aggressive investors might explore opportunities in robotics, shipping, and steel sectors [3]. The taipei international tool machine show, mwc barcelona, and nvidia’s gtc conference could provide positive catalysts for the robotics industry [3].

Broader market impact and closing figures

The taiwan stock market closed down 296.93 points, a 1.29% decrease, settling at 22,756.25 points [6]. tsmc’s stock closed at nT$1,020, a nT$20 decrease [6]. Other major stocks also experienced declines, with mediaTek down 2.97% and hon hai decreasing by 2.29% [6]. The total market turnover amounted to nT$420 billion [6]. The taiwan stock market has now fallen below its six-month moving average [6]. The msci quarterly adjustment also took effect, contributing to the market’s decline [4].

Bronnen

tsmc stock stock correction