Geopolitics Alpha

Taiwan shares close lower but recover from lows amid U.S. midterms

Published . Updated .

Key takeaways

  • Shares in Taiwan closed lower Wednesday but recovered from the day's low as bargain hunters bought shares after prices fell, while investors assessed the U.S.
  • Exposed: EWT, ASX, EEM
  • Market reaction: price tracking starts with the next trading session.

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Taiwan shares close lower but recover from lows amid U.S. midterms

Shares in Taiwan closed lower Wednesday but recovered from the day's low as bargain hunters bought shares after prices fell, while investors assessed the U.S. midterm elections, in which Democrats were projected to gain control of Congress, dealers said.

Directly affected

  • No company is named in this report.

Indirectly affected

  • EWT iShares MSCI Taiwan ETF+4.7% 30d

    iShares MSCI Taiwan ETF holds stocks listed in Taiwan, which this story is about (“taiwan”).

  • ASX ASE Technology Holding+10.9% 30d

    ASE Technology Holding (semiconductors and related devices) is one of the largest Taiwan-based companies traded in the US, so news about Taiwan (“taiwan”) reaches its shares.

  • EEM iShares MSCI Emerging Markets ETF+0.0% 30d

    iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Taiwan, which this story is about.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
EWT+10.81%+2.83%baseafter closeafter closeafter closeafter close
ASX+12.46%+1.13%baseafter closeafter closeafter closeafter close
EEM+3.96%-0.13%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Taiwan shares close lower but recover from lows amid U.S. midterms Focus Taiwan

Source: Focus Taiwan

The price since 4 Nov 2026: Ishares (EWT) versus the S&P 500

CompanyWhenMoveStatus
ASE Technology Holding (ASX)three days earlier+1.13%final price
ASE Technology Holding (ASX)five days earlier+12.46%final price
Ishares Tr (EEM)three days earlier-0.13%final price
Ishares Tr (EEM)five days earlier+3.96%final price
Ishares (EWT)three days earlier+2.83%final price
Ishares (EWT)five days earlier+10.81%final price

Who gains and who loses around Ishares (EWT)

Companies tied to this story

  • EWT Ishares

    For “Taiwan shares close lower but recover from lows amid U.S. midterms,” Ishares (EWT) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Taiwan ETF holds stocks listed in Taiwan, which this story is about (“taiwan”)

  • ASX ASE Technology Holding

    For “Taiwan shares close lower but recover from lows amid U.S. midterms,” ASE Technology Holding (ASX) is linked, with no stored direction, medium confidence. Reason on file: ASE Technology Holding (semiconductors and related devices) is one of the largest Taiwan-based companies traded in the US, so news about Taiwan (“taiwan”) reaches its shares

  • EEM Ishares Tr

    Ishares Tr (EEM) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Taiwan shares close lower but recover from lows amid U.S. midterms.” Reason on file: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Taiwan, which this story is about

Ishares (EWT)

“Taiwan shares close lower but recover from lows amid U.S. midterms” (4 Nov 2026) reaches Ishares (EWT) through this story.

For Ishares (EWT), the reason on file says iShares MSCI Taiwan ETF holds stocks listed in Taiwan, which this story is about (“taiwan”)

A second company, ASE Technology Holding (ASX), is listed for a different reason: ASE Technology Holding (semiconductors and related devices) is one of the largest Taiwan-based companies traded in the US, so news about Taiwan (“taiwan”) reaches its shares

Dates and price levels for Ishares (EWT)

ASX traded between 37.28 and 47.81 across 18 sessions. The latest close on file is 42.10. EEM traded between 65.24 and 69.22 across 17 sessions. The latest close on file is 65.76. EWT traded between 111.75 and 118.47 across 17 sessions. The latest close on file is 113.48.

What the saved facts support for Ishares (EWT)

27 out of 100

“Taiwan shares close lower but recover from lows amid U.S. midterms” scores 27 out of 100. The score uses 1 sources, and 3 linked companies.