The stock markets of South Korea, Taiwan, and Japan all closed at record highs.
Gelonghui, April 27 | Stimulated by the sharp rise in U.S. high-tech stocks, the stock markets of South Korea, Taiwan (China), and Japan all closed at record highs today: The KOSPI index closed up 2.15% at 6615.03 points, setting another record high at closing. The KOSPI index has risen by 56.97% year-to-date, remaining the best-performing market globally. The total market capitalization of South Korea’s three major indices—KOSPI, KOSDAQ, and KONEX—exceeded 6000 trillion Korean won for the first time during trading today, reaching 6047.917 trillion Korean won (approximately RMB...
The Taiwan Stock Exchange closed at another all-time high, with a year-to-date gain of nearly 30%. Over US$10 billion in foreign capital flowed into the market in a single month, potentially setting a new historical record.
According to the Glodon data on April 21, Taiwan's weighted index surged 2.23% intraday to hit a record high of 37,781.83 points and finally closed up 1.75% at 37,605.11 points, setting another all-time closing high. The weighted index has risen 29.84% year-to-date, ranking second only to South Korea’s KOSPI in terms of gains among Asian markets and surpassing the 18% increase in Japan’s Nikkei 225 Index. Bloomberg analysis suggests that as some investors reallocate their investments toward AI-related opportunities in Asia, Taiwan is gradually replacing South Korea as a more favored market. Strategists believe this is primarily due to Taiwan’s more comprehensive positioning within the semiconductor supply chain.
Taiwan Stock Exchange Weighted Index surged by nearly 3%.
On March 25, according to the Gelonghui report, signs of easing in the Middle East situation reemerged, and Taiwan's stock market opened higher. The Taiwan Weighted Index surged nearly 3% at the opening, reaching 33,551.54 points. Reports indicate that the United States intends to propose a one-month ceasefire plan to facilitate discussions with Iran on a 15-point agreement aimed at ending the war.
Asia-Pacific stock markets rebounded across the board! South Korea's stock market surged over 6%, Japan's stock market rose more than 3%, and the ChiNext Index and Hang Seng Tech Index both gained over 2%.
Gelonghui, March 10 | After experiencing a Black Monday, the Asia-Pacific stock markets rebounded across the board on Tuesday. Specifically, the KOSPI Composite Index surged over 6%, the Nikkei 225 Index and the Taiwan Weighted Index rose more than 3%, the ChiNext Index gained 2.2%, the Hang Seng Tech Index climbed 2%, the Hang Seng Index advanced 1.3%, the Shenzhen Component Index increased by 1.2%, and the Shanghai Composite Index edged up by 0.05%. In terms of news, concerns about the impact of conflicts in the Middle East have eased as U.S. President Trump stated that the war has largely ended.
Black Monday! The entire Asia-Pacific stock market plunged! South Korean stocks fell nearly 8%, Japanese stocks plummeted by 3,700 points, and the Hang Seng Tech Index dropped nearly 4%.
Gelonghui, March 9 | The Asia-Pacific stock markets encountered a Black Monday with a widespread plunge. Among them, the KOSPI Composite Index plummeted nearly 8%, the Nikkei 225 Index fell nearly 7% (plummeting over 3,700 points), the Taiwan Weighted Index dropped more than 6%, the Australia S&P 200 Index fell over 4%, the Hong Kong Hang Seng Tech Index opened 3.79% lower, and the Hang Seng Index opened 2.65% lower. On the news front, geopolitical tensions in the Middle East continued to escalate, leading to a decline in oil production and a surge in oil prices. WTI crude oil prices surged over 20% today to $111.24; Brent crude oil soared nearly 20% to $110.78.
Comprehensive conflict erupts among the US, Israel, and Iran! Taiwan Stock Exchange drops by 2.28%.
Gelonghui, March 2nd | The Taiwan Stock Exchange opened lower, with the Taiwan Weighted Index plunging 2.28% at the start of trading to hit 34,605.36 points. It subsequently rebounded somewhat, and the current decline has narrowed to 1.1%. In terms of news, following attacks by the United States and Israel on Iran, Tehran announced the closure of the Strait of Hormuz, causing significant disruptions to global maritime energy transportation. Multiple tanker companies, international oil giants, and energy traders have suspended the transport of crude oil, fuel, and liquefied natural gas (LNG) via the Strait of Hormuz, raising fears of a sharp spike in energy prices. Market analysts noted that if the Strait of Hormuz remains blocked for an extended period, it will significantly push up international oil prices.