Taiwanese equities climbed to a fresh record, as investors rotated back into the
pre-Iran conflict theme of chasing AI-related stocks amid expectations of
de-escalating tensions in the Middle East.
The Taiex Index rose as much as 2% in early Tuesday trading, surpassing its
previous intraday high set on Feb. 26. The benchmark is up 25% year-to-date,
significantly outperforming the MSCI Asia Pacific Index, which has gained 9.7%
over the same period.
