The Taiwan stock market reached a new all-time high of 24,551.42 points on August 19, 2025, before pulling back slightly to close at 24,353.50 points, down 129.02 points. This surge occurred despite a mixed performance in global markets, with US indices trading near flat and other Asian markets showing weakness. Investors are keenly awaiting the upcoming global central bank annual meeting on August 22, with a particular focus on Federal Reserve Chair Jerome Powell's remarks for signals on potential September interest rate cuts.

In terms of sector performance, major technology stocks like Taiwan Semiconductor Manufacturing Company (TSMC) showed resilience, with TSMC closing up NT$5 to NT$1,185. MediaTek and Hon Hai Precision Industry (Foxconn) also saw gains, with Foxconn reaching a new year-to-date high. Conversely, recently strong-performing Printed Circuit Board (PCB) and Copper Clad Laminate (CCL) stocks experienced a correction. Companies like Fu-Chiao (1815) hit their daily limit down, while Chin-Tung (8358) and Taiwan Line (2383) saw significant drops. In the renewable energy sector, US policy changes regarding renewable energy subsidies positively impacted solar stocks.

Market Signals

Sector impacts and opportunities
Price movements and volatility
Competitor positioning changes

Winners & Losers

Companies and sectors affected, supply chain implications

Action Timeline

Immediate: Time-sensitive opportunities
Short-term: Strategic positioning
Long-term: Structural changes

Risk Assessment

Regulatory risks
Market volatility factors
Geopolitical tensions

Key Indicators

What this signals for the market/industry
Leading indicators and data points

Regional Perspective

Unique angle and local implications

Immediate Implications

What happens next
Time-sensitive opportunities or risks

What to Watch

Leading indicators to monitor
Expected next developments
Key decision points ahead

Analysis

Expert perspective on significance and future impact