The Taiwan Stock Exchange Capitalization Weighted Stock Index (Chinese: 臺灣證券交易所發行量加權股價指數), TWSE Capitalization Weighted Stock Index, or TAIEX (Chinese: 加權指數) is a stock market index for companies traded on the Taiwan Stock Exchange (TWSE). TAIEX covers all of the listed stocks excluding preferred stocks, 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.[2]
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| Foundation | 5 January 1967[1] |
|---|---|
| Operator | Taiwan Index Plus (TIP) |
| Exchanges | Taiwan Stock Exchange (TWSE) |
| Constituents | 1006 |
| Weighting method | Capitalization Weighted Index |
| Related indices | TPEX (TPEx Exchange Capitalization Weighted Stock Index) |
| Website | taiwanindex |
| TAIEX | |||||||||||||||||||
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| Traditional Chinese | 發行量加權股價指數 | ||||||||||||||||||
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| Alternative Chinese name | |||||||||||||||||||
| Traditional Chinese | 加權指數 | ||||||||||||||||||
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The Taiwanese stock market experienced a "bubble economy" from 1986 to 1990. 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
editThe following table shows the annual development of the TAIEX since 1966.[3][4]
| Year | Closing level | Change in index in points |
Change in index 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 | −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 | −1.33 |
| 1982 | 443.57 | −107.46 | −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 | −52.93 |
| 1991 | 4,540.55 | 10.39 | 0.23 |
| 1992 | 3,377.06 | −1,163.49 | −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 | −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 | −21.60 |
| 1999 | 8,448.84 | 2,030.41 | 31.63 |
| 2000 | 4,743.94 | −3,704.90 | −43.85 |
| 2001 | 5,551.24 | 807.30 | 17.02 |
| 2002 | 4,452.45 | −1,098.79 | −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 | −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 | −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 | −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 | −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 | −22.40 |
| 2023 | 17,930.81 | 3,793.12 | 26.83 |
References
edit- ^ "TWSE Capitalization Weighted Stock Index" (PDF). 日本取引所グループ. Retrieved 2024-11-05.
- ^ [review for retern stock market index.historiscal data yahoo.http://www.twse.com.tw/en/products/indices/tsec/taiex_1.php "Description of the TAIEX on the Taiwan stock exchange site"].
{{cite web}}: Check|url=value (help) - ^ "Taiwan Equity Market Index [1967 - 2020] [Data & Charts]". www.ceicdata.com. Retrieved 2020-01-23.
- ^ "TSEC weighted index (^TWII) Historical Data - Yahoo Finance". finance.yahoo.com. Retrieved 2020-01-23.
External links
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