The Taiwan Stock Exchange (TAIEX) consolidated today before challenging its all-time high of 24416. The index fell 131 points, dragged down by a late-day sell-off in TSMC (down 2%). However, strong performances from MediaTek and Hon Hai kept the tech sector from a broader decline, with analyst Jian Bo-yi suggesting a bullish outlook remains as long as the index holds above its 5-day moving average.