Index Rebalance

MSCI Taiwan Index Earning Revision (Jun): Formosa Plastics, Yang Ming Marine, TSMC, China Steel

30 Jun 2026 By Ke Yan, CFA
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Abstract: We analyzed the earnings revision of MSCI Taiwan index constituents for June 2026. The index rose 1.6% over the month, from 2,035 to 2,069, while the index's 2026E EPS increased 3.4% month-on-month from NT$79.89 to NT$82.56, with 54 stocks revised up versus 14 revised down. Individual stock EPS revisions contributed NT$2.99 to the index EPS change, led by TSMC (2330 TT, +NT$1.73 index impact), with Compal Electronics (2324 TT, -NT$0.50) and MediaTek (2454 TT, -NT$0.43) as the largest drags. Among individual stock EPS revisions, Formosa Plastics (1301 TT) led all gainers with a +182% month-on-month increase in 2026E EPS, followed by Yang Ming Marine (2609 TT, +78.4%) and China Steel (2002 TT, +28.5%). On the downside, Nan Ya Plastics (1303 TT) saw the steepest EPS cut at -7.68%, followed by Catcher Technology (2474 TT, -2.85%) and Fortune Electric (1519 TT, -2.75%).

PharmaEssentia (6446 TT) Formosa Plastics (1301 TT) Wan Hai Lines (2615 TT) Yang Ming Marine (2609 TT) Nan Ya Plastics (1303 TT) TSMC (2330 TT)

Highlighted Stocks

PharmaEssentia, Formosa Plastics, Wan Hai Lines, Yang Ming Marine, Nan Ya Plastics, TSMC

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