Taiwan stocks surge over 200 points on news of Iran-Israel ceasefire and hopes of Fed rate cut

(25 Jun 2025)
RESTRICTIONS SUMMARY:

ASSOCIATED PRESS
Taipei, Taiwan – 25 June 2025
1. Wide of pedestrians and cyclists passing Taipei 101 tower as markets open in Taiwan.
2. Wide of people walking past the Taiwan Stock Exchange sign
3. Wide of Taiwan Stock Exchange interior with digital displays showing market data
4. Various stock index showing on the monitors
5. Close-up index showing on ticker
6. Wide stock index showing on the monitor
7. Close of main stock index going up 140.48 points or 0.63% to 22329.24 points
STORYLINE:
The Taiwan stock market soared on Wednesday, opening with a robust gain of over 200 points, as investors cheered a combination of positive international developments.

The comprehensive gains across all four major U.S. stock indices on Tuesday provided a strong tailwind, further bolstered by a fragile ceasefire in the Middle East conflict and growing anticipation of an earlier interest rate cut by the U.S. Federal Reserve in July.

The local market’s upward momentum mirrors a generally upbeat sentiment across Asian markets, following the positive cues from Wall Street.

On Tuesday, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all closed solidly higher, with the Nasdaq 100 reaching a record high.

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