View source for TAIEX

{{short description|Taiwanese stock market index}}
{{Infobox financial index
| name = TAIEX<br><small>(TWSE Capitalization Weighted Stock Index)</small>
| image = [[File:台股指數(1987-2021).png|275px]]
| foundation = {{Start date and age|1967|1|5|df=y}}<ref>{{Cite web|title=TWSE Capitalization Weighted Stock Index|url=https://www.jpx.co.jp/english/derivatives/products/foreign/taiex-futures/b5b4pj0000012gv4-att/TAIEX_FactSheet_Sep2016_E.pdf|website=日本取引所グループ|language=en|access-date=2024-11-05}}</ref>
| operator = Taiwan Index Plus (TIP)
| exchanges = [[Taiwan Stock Exchange]] (TWSE)
| constituents = 1006
| currency = New Taiwan Dollar
| weighting = Capitalization Weighted Index
| related = TPEX <small>(TPEx Exchange Capitalization Weighted Stock Index)</small>
| homepage = {{URL|https://taiwanindex.com.tw/indexes/t00}}
}}

{{Chinese
|t = 發行量加權股價指數
|p = Fāxíngliàng Jiāquán Gǔjià Zhǐshù
|w = Fa¹-hsing²-liang⁴ Chia¹-ch′üan² Ku³-chia⁴ Chih³-shu⁴
|poj = Hoat-hêng-liōng Ka-koân Kó͘-kè Chí-sò͘
|tl = Huat-hîng-liōng Ka-kuân Kóo-kè Tsí-sòo
|phfs = Fat-hàng-liong Kâ-khièn Kú-ka Chṳ́-su
|t2 = 加權指數
|p2 = Jiāquánzhǐshù
|w2 = Chia¹-ch′üan²-chih³-shu⁴
|poj2 = Ka-koân Chí-sò͘
|tl2 = Ka-kuân Tsí-sòo
|phfs2 = Kâ-khièn Chṳ́-su
}}
The '''Taiwan Stock Exchange Capitalization Weighted Stock Index''' ({{zh|t=臺灣證券交易所發行量加權股價指數}}), '''TWSE Capitalization Weighted Stock Index''', or '''TAIEX''' ({{zh|t=加權指數}}) is a [[stock market index]] for companies traded on the [[Taiwan Stock Exchange]] (TWSE). The TAIEX covers all of the listed stocks excluding [[preferred stock]]s, full-delivery stocks and newly listed stocks, which are listed for less than one calendar month. It was first published in 1967 by TWSE with 1966 being the base year with a value of 100.<ref>{{cite web| url =http://www.twse.com.tw/en/products/indices/tsec/taiex_1.php| title = Description of the TAIEX on the Taiwan stock exchange site}}</ref>

The Taiwanese stock market experienced a "bubble economy" from 1986 to 1990.<ref>{{Cite web |last=Liu |first=Philip |date=1990-09-01 |title=The Decline And Fall Of The Taiwan Exchange |url=https://taiwantoday.tw/AMP/politics/taiwan-review/4619/the-decline-and-fall-of-the-taiwan-exchange |access-date=2025-01-24 |website=[[Taiwan Today]]}}</ref> When in 1986 the index was around 1000 points, it reached a peak of over 12,000 points in February 1990 then plummeted to around 2500 points by October 1990.

== Annual Returns ==
The following table shows the annual development of the TAIEX since 1966.<ref>{{Cite web|url=https://www.ceicdata.com/en/indicator/taiwan/equity-market-index|title=Taiwan Equity Market Index [1967 - 2020] [Data & Charts]|website=www.ceicdata.com|access-date=2020-01-23}}</ref><ref>{{Cite web|url=https://finance.yahoo.com/quote/%5ETWII/history/|title=TSEC weighted index (^TWII) Historical Data - Yahoo Finance|website=finance.yahoo.com|language=en-US|access-date=2020-01-23}}</ref>
{| class="wikitable sortable" style="text-align:right;"
!Year
!Closing level
!Change in index<br />in points
!Change in index<br />in %
|-
| 1966 || 100.00 || ||
|-
| 1967 || 105.76 || 5.76 || 5.76
|-
| 1968 || 106.63 || 0.87 || 0.82
|-
| 1969 || 110.30 || 3.67 || 3.44
|-
| 1970 || 123.38 || 13.08 || 11.86
|-
| 1971 || 135.13 || 11.75 || 9.52
|-
| 1972 || 228.03 || 92.90 || 68.75
|-
| 1973 || 495.45 || 267.42 || 117.27
|-
| 1974 || 193.06 || −302.39 ||style="color:red"| −61.03
|-
| 1975 || 330.08 || 137.02 || 70.97
|-
| 1976 || 372.20 || 42.12 || 12.76
|-
| 1977 || 450.44 || 78.24 || 21.02
|-
| 1978 || 532.43 || 81.99 || 18.20
|-
| 1979 || 549.55 || 17.12 || 3.22
|-
| 1980 || 558.45 || 8.90 || 1.62
|-
| 1981 || 551.03 || −7.42 ||style="color:red"| −1.33
|-
| 1982 || 443.57 || −107.46 ||style="color:red"| −19.50
|-
| 1983 || 761.92 || 318.35 || 71.77
|-
| 1984 || 838.07 || 76.15 || 9.99
|-
| 1985 || 835.12 || 2.88 || 0.34
|-
| 1986 || 1,039.11 || 203.99 || 24.43
|-
| 1987 || 2,339.86 || 1,300.75 || 125.18
|-
| 1988 || 5,119.11 || 2,779.25 || 118.78
|-
| 1989 || 9,624.18 || 4,505.07 || 88.00
|-
| 1990 || 4,530.16 || −5,094.02 ||style="color:red"| −52.93
|-
| 1991 || 4,540.55 || 10.39 || 0.23
|-
| 1992 || 3,377.06 || −1,163.49 ||style="color:red"| −25.62
|-
| 1993 || 6,070.56 || 2,693.50 || 79.76
|-
| 1994 || 7,111.10 || 1,040.54 || 17.14
|-
| 1995 || 5,158.65 || −1,952.45 ||style="color:red"| −27.46
|-
| 1996 || 6,933.94 || 1,775.29 || 34.41
|-
| 1997 || 8,187.27 || 1,253.33 || 18.08
|-
| 1998 || 6,418.43 || −1,768.84 ||style="color:red"| −21.60
|-
| 1999 || 8,448.84 || 2,030.41 || 31.63
|-
| 2000 || 4,743.94 || −3,704.90 ||style="color:red"| −43.85
|-
| 2001 || 5,551.24 || 807.30 || 17.02
|-
| 2002 || 4,452.45 || −1,098.79 ||style="color:red"| −19.79
|-
| 2003 || 5,890.69 || 1,438.24 || 32.30
|-
| 2004 || 6,139.69 || 249.00 || 4.23
|-
| 2005 || 6,548.34 || 408.65 || 6.66
|-
| 2006 || 7,823.72 || 1,275.38 || 19.48
|-
| 2007 || 8,506.28 || 682.56 || 8.72
|-
| 2008 || 4,591.22 || −3,915.06 ||style="color:red"| −46.03
|-
| 2009 || 8,188.11 || 3,596.89 || 78.34
|-
| 2010 || 8,972.50 || 784.39 || 9.58
|-
| 2011 || 7,072.08 || −1,900.42 ||style="color:red"| −21.18
|-
| 2012 || 7,699.50 || 627.42 || 8.87
|-
|2013
|8,611.51
|912.01
|11.85
|-
|2014
|9,307.26
|695.75
|8.08
|-
|2015
|8,338.06
|−969.20||style="color:red"|−10.41
|-
|2016
|9,253.50
|915.44
|10.98
|-
|2017
|10,642.86
|1,389.36
|15.01
|-
|2018
|9,727.41
|−915.45||style="color:red"|−8.60
|-
|2019
|11,997.14
|2,269.73
|23.33
|-
|2020
|14,732.53
|2,735.39
|22.80
|-
|2021
|18,218.84
|3,486.31
|23.66
|-
|2022
|14,137.69
|−4,081.15
|style="color:red"|−22.40
|-
|2023
|17,930.81
|3,793.12
|26.83
|-
|2024
|23,035.10
|5,104.29
|28.47
|-
|}

==References==
{{Reflist}}

==External links==
* [https://www.taiwanindex.com.tw/index/index/t00 TAIEX page on the Taiwan Index Plus] {{Webarchive|url=https://web.archive.org/web/20200602045851/https://www.taiwanindex.com.tw/index/index/t00 |date=2020-06-02 }}
* [https://www.bloomberg.com/apps/quote?ticker=TWSE:IND Bloomberg page for TWSE:IND]
* [https://www.reuters.com/finance/markets/index?symbol=.TWII Reuters page for .TWII]

{{Economy of Taiwan}}
{{Asian Stock market indices}}
{{Stockexchange-stub}}

[[Category:Taiwanese stock market indices]]
[[Category:Asian stock market indices]]