Taiwan Stocks Soar 1478 Points After Trump Delays Iran Action; Delta, Phison Hit Limit Up
NQ Score
100/100
AI Summary (NQ-processed)
Taiwan's stock market surged after U.S. President Trump announced a two-week delay in large-scale military action against Iran, easing Middle East tensions and causing U.S. crude oil prices to drop. The Taiex index rose by 1478 points at its peak. Major tech stocks like TSMC, Hon Hai, and MediaTek saw gains, with Delta Electronics and Phison Electronics hitting their daily limit up. AI and low-earth orbit satellite stocks also performed strongly, and Phison, the market leader, reached a new high.
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