TAIPEI (TVBS News) — The Consumer Electronics Show (CES) 2025 sparked a significant movement in Taiwan's stock market as it recaptured the 23,000-point mark, closing at 23,547.71, an increase of 639.41 points on Monday (Jan. 6) and the fourth-largest point gain in history.
Electronics stocks climbed 3.42%, while financial stocks rose 1.2%. The over-the-counter index, representing small and mid-cap stocks, increased nearly 1.17%. TSMC's stock reached NT$1,105 early in the day and closed at a historic high of NT$1,125, a NT$50 gain. Meanwhile, Hon Hai (鴻海) increased by NT$3.5 to NT$184.5, and MediaTek (聯發科) rose by NT$60, closing at NT$1,425.
CES has heightened interest in NVIDIA's and AMD's latest graphics cards and GPUs. It is expected to focus on robotics, servers, and new graphics card launches, potentially driving short-term market enthusiasm.
Meanwhile, the upcoming U.S. Nonfarm Payrolls data, set for release on Friday, may impact Fed interest rate expectations. With the U.S. tech earnings season and Taiwan's 11-day new year market closure approaching, investors may look to secure gains soon. The index is projected to range between 22,600 and 23,500.
