Stock market news: Elite Material jumps 9.90% as TSMC, MediaTek see steady gains

Taipei, 10:58 pm Wednesday, 26 February 2025 (GMT+8) – Taiwan’s stock market saw active trading today, with Taiwan Semiconductor Manufacturing Co. (TSMC) leading in volume, posting a modest 0.47% gain to close at 1,060 TWD. MediaTek Inc. followed closely, rising 0.65% to 1,560 TWD, as investors remained engaged with key semiconductor players.

Elite Material Co. emerged as the strongest performer among the most traded stocks, surging 9.90% to 633 TWD. Asia Optical Co. Inc. also posted solid gains, climbing 3.20% to 209.5 TWD.

Alchip Technologies Ltd. advanced 1.66%, closing at 3,360 TWD, while Phoenix Silicon International Corp. was the only major decliner among the highest-volume stocks, slipping 0.58% to 170.0 TWD.

The semiconductor and tech sectors remained at the centre of investor interest, with steady buying activity seen in major players. Market sentiment appears positive, driven by ongoing demand for advanced technology components.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Stock market investments are subject to risks, and past performance does not guarantee future results. Readers should conduct their own research or consult a financial expert before making investment decisions.