Chipmaker TSMC accounts for about 41 percent of the TAIEX’s weighting, and its gain alone contributed about 595 points to the index’s advance ...Strong buying suggests that the TAIEX could continue to test new highs, Yuanta said.
On Wednesday, the Taiex rose 357.12 points, or 0.75 percent, at a new high of 48,157.29, pushing up the market capitalization of the local main board to about US$5.3 trillion, MarketCapWatch’s data showed.