Taiwan Stocks Close at Record High on Tech Rebound, Retail Boom
- Taiex gains 0.5% to top previous record close logged in July
- Gauge has risen 23% so far this year, beating Asian peers
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Taiwan’s equity benchmark closed at a record high as a global rebound in tech hardware shares extended and retail investors continued to pile in.
The Taiex Index closed 0.5% higher on Monday at 18,048.94, surpassing its previous record close at 18,034.19 on July 15. The gauge has risen almost 23% so far this year, poised for a third annual gain and outperforming most Asian peers.