TAIPEI (TVBS News) — Taiwan's stock market opened slightly lower on Monday (Dec. 30), dropping 1.42 points to start at 23,274 points. The market experienced volatility, reaching a low of 23,214 points, a decline of 6.45%. Notably, TSMC (台積電) shares fell NT$5 to temporarily report at NT$1,085.
Robotics concept stocks emerged as a bright spot, driven by strong demand from Taiwanese supply chains. EverFocus (慧友) increased by 2.16%, ACE Pillar (羅昇) rose by 1.08%,Ying Han Technology (穎漢) climbed 0.76%, and TBI MOTION (全球傳動) saw a 2.07% uptick.
In the electronics sector, declines outnumbered gains. UMC (聯電) fell by 0.69%, MediaTek (聯發科) remained flat at NT$1,430, Hon Hai (鴻海) decreased by NT$1.5 to NT$185, and Wiwynn (緯穎) dropped NT$10 to NT$2,585.
Last Friday, U.S. markets ended lower, influenced by surging U.S. Treasury yields and pressure on tech stocks. The 10-year Treasury yield soared to 4.64%, the highest since early May. Market confidence wavered amid differing opinions on tariffs.
The Dow Jones Industrial Average fell by 333.59 points, or 0.77%, closing at 42,992.21 points. The Nasdaq Composite dropped 298.33 points, or 1.49%, ending at 19,722.03 points. The S&P 500 declined 66.75 points, or 1.11%, to 5,970.84 points. The Philadelphia Semiconductor Index decreased by 52.34 points, or 1.01%, settling at 5,122.97 points.
