Here's a stock market still making record highs despite all the uncertainties

Stocks in Taiwan rose to new record high levels on Tuesday, April 14, as investors returned to the Pre-Iran war theme of betting on AI shares, despite the ongoing tensions in West Asia.

The benchmark Taiex index saw gains of nearly 2% in trading on Tuesday, surpassing its previous intraday record high which it had hit on February 26, a day before the war broke out in Iran. Gains were led by the heavyweight Taiwan Semiconductor Manufacturing Company (TSMC), shares of which gained 1.5%.

A 25% gain so far in 2026 has ensured that the Taiex has outperformed the MSCI Asia Pacific Index, which is up 9.7% so far.

This surge also means that the index based on the island has reversed all its Iran war losses, similar to the S&P 500. Back in March, global tech stocks had taken a beating due to various factors ranging from higher energy costs, and supply disruptions to key raw materials.

China also unveiled policy measures to show "goodwill" towards Taiwan on Sunday after a meeting between President Xi Jinping and Taiwan's leader of opposition Cheng Li-wun.

The measures include facilitating the sales of Taiwanese agricultural and fishery products and investment into mainland China, and promoting the resumption of certain outbound travel to the island.

(With Inputs From Agencies)