Taiwan Stock Exchange Capitalization Weighted Stock Index (TAIEX)
What is the TAIEX?
The TAIEX, is the Taiwan Stock Exchange Capitalization Weighted Stock Index, also known as TWII, or the Taiwan Weighted. An index tracking all common stocks that trade on the Taiwan Stock Exchange. The index is weighted for market capitalisation and uses the Taiwan dollar as its currency.
Where have you heard about the TAIEX?
If you follow Asian markets, you'll be aware of the TWII. It's one of five indices in Taiwan and is considered a major index.
What you need to know about the TAIEX.
As a weighted index, TAIEX values larger constituent companies above the rest. First published in 1967 with a base of 100, it has broken the 10,000 level in three separate years but each time fallen back quickly.
TAIEX increased 14 points or 0.13% to 10458 in July 2017 from 10444 in the previous trading session. Historically, the Taiwan Stock Market (TWSE) reached an all time high of 10513.96 in June of 2017 and a record low of 3446.26 in October of 2001.
Major companies listed on the index include Acer and Sanyo.
Find out more about TAIEX.
Read our overview of the Taiwan Stock Exchange to find out more about Taiwan's economy.