Taiwan shares close up 0.65%
Taiwan's stock market finished the week higher, a mild positive for investors betting on the island's AI-driven chip economy.
- The main Taipei index rose 0.65% on the day, closing above the 45,000 level.
- Trading volume was heavy, showing money is still flowing into the market.
- The gains come alongside news that Taiwan's current account surplus hit its third-highest level ever last quarter, driven by AI demand.
- Taiwan's chipmakers remain the main channel for global AI spending, keeping the market tied to that boom.
Outlook: The market's direction stays tied to AI demand and chip orders, which are still running strong.