Economic Growth: Taiwan's GDP growth strongly influences investor sentiment and corporate profitability, affecting stock prices.

Global Markets: International stock markets, especially US and China, impact 2023.TW due to investor behavior and economic ties.

Interest Rates: Central bank policy on interest rates affects borrowing costs for companies and investment attractiveness.

Inflation: High inflation reduces corporate profits and consumer spending, negatively affecting stock valuations.

Geopolitical Risks: Cross-strait relations and global political instability create uncertainty, impacting investor confidence.

Industry Trends: Specific industry performance like semiconductors or technology drives stock prices of related companies.

Company Performance: Individual company earnings, revenue, and strategic decisions directly affect their stock value.

Currency Exchange Rate: Fluctuations in the TWD/USD rate affect export competitiveness and imported goods costs.

Investor Sentiment: Market psychology and risk appetite can cause volatility and influence short-term price movements.

Government Policies: Fiscal and regulatory policies implemented by the Taiwanese government impact market conditions.