Taiwan Weekly Kickstart

Latest edition · August 28, 2026

Taiwan Weekly Kickstart TAIEX gained 2 , led by ex TSMC Tech, supported by strong foreign buying

The Taiwan TAIEX gained 2.4% this week led by ex-TSMC Tech and Chemicals, supported by US$3.7bn of net foreign cash equity buying. Corporate earnings and industrial production momentum remain robust, with FTSE index rebalancing expected to bring US$1.2bn in passive inflows.

Goldman Sachs maintains an Overweight stance on Taiwan equities (12-month target of 51,000, offering 13% total return) following a 2.4% weekly gain in the TAIEX. Rally leadership was concentrated in non-TSMC tech (+5-6%), Apple supply-chain names ahead of the September product launch, and chemicals (+7%). Foreign institutional investors (QFIIs) purchased a net US$3.7bn in cash equities, while domestic funds added US$140mn. Fundamental backing remains strong, with 2Q26 aggregate corporate net income rising 174% YoY, July industrial production surging 25.6% YoY, and upcoming FTSE GEIS rebalancing estimated to generate US$1.2bn in passive inflows.

Key takeaways from the latest edition

• 1.TAIEX/MXTW gained 2.4%/2.2% over the week, outperforming MXAPJ by 2.8pp, driven by ex-TSMC Tech (+5-6%), Chemicals (+7%), and Insurance (+4%).
• 2.Foreign institutional investors (QFIIs) were net buyers of US$3.7bn in cash equities, heavily concentrated in Tech (US$3.0bn total, including US$0.8bn in TSMC).
• 3.The FTSE Global Equity Index Series September 2026 rebalancing is estimated to drive US$1.2bn of passive inflows into Taiwan equities across 7/22 additions.

What this series covers

• Charts of the Week: FTSE Global Equity Index Series Review
• Taiwan Market/Sector Summary & Scorecard
• GS Macro & Market Forecasts
• Performance Snapshot
• Sector Leaders/Laggards
• Style/Factor Monitor
• Equity Flows
• ETF Flows
• Regional Fund Flows and Positioning
• Valuations in Context
• Earnings Revisions
• TSMC ADR Premium Reversal Index (GSSRTSMR)
• Equity and Policy Risk Indicators
• Macroeconomic Indicators
• Monthly Sales Tracker (July 2026) and 2Q26 Earnings Summary
• Disclosure Appendix

Edition archive

• Taiwan Weekly Kickstart TAIEX gained 2 , led by ex TSMC Tech, supported by strong foreign buying

  August 28, 2026

• Taiwan Weekly Kickstart TAIEX rebounded 2 , led by a recovery in Tech, despite a Friday pullback amid escalating US-Iran ten...

  July 25, 2026

• Taiwan Weekly Kickstart TAIEX gained 1

  June 6, 2026

• Taiwan Weekly Kickstart TAIEX +3 to fresh record highs, led by broad-based tech strength, supported by both domestic and fo...

  May 24, 2026