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TAIEX Soars 28.47% in 2023, TSMC Leads Gains

1/1/2025

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Summary

Story summary

TAIEX achieved a remarkable 28.47% gain in 2023, the highest since 2009, fueled by AI advancements.
Despite a slight 0.67% decline on the final trading day, TAIEX ranked second globally, following NASDAQ.
TSMC shares soared by 81.28%, playing a crucial role in TAIEX's overall performance.
The New Taiwan dollar depreciated 6.24% against the US dollar, reaching a nine-year low.

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Story summary

TAIEX achieved a remarkable 28.47% gain in 2023, the highest since 2009, fueled by AI advancements.
Despite a slight 0.67% decline on the final trading day, TAIEX ranked second globally, following NASDAQ.
TSMC shares soared by 81.28%, playing a crucial role in TAIEX's overall performance.
The New Taiwan dollar depreciated 6.24% against the US dollar, reaching a nine-year low.