Taiwan stocks plunged 1873.08 points to close at 39701.64 points, with intraday losses once reaching 3737.67 points. After the National Stabilization Fund launched its 10th market intervention in history, the FSC announced 5 major stabilization measures effective November 9, cutting short sales via securities lending and raising margin requirements for short sales.
Taiwan Stocks
After the U.S. midterm elections, doubts over AI investment intensified, U.S. and Asian stocks plunged in tandem, Taiwan stocks fell below 40,000 points, down 12.19% this week, and the National Stabilization Fund announced it will deploy 5000億元 to enter the market, its 10th intervention since its establishment in 2000.
The National Stabilization Fund announced on the 6th that it has authorized the use of funds to stabilize the market, its 10th entry in history, with a ceiling of NT$500 billion. Taiwan stocks plunged this week, falling below the 40,000-point mark. The Ministry of Economic Affairs emphasized stable growth and export momentum and called for confidence in industry.
The National Stabilization Fund held its 131st extraordinary committee meeting on the 6th, resolving to authorize the executive secretary to deploy funds depending on market conditions, in response to Taiwan stocks plunging 12.19% in a single week and heavy net selling by foreign investors, stressing economic fundamentals remain sound, with any market entry to depend on conditions.
Taiwan shares plunged 1873 points to close at 39701 on November 6, down 10267 points from the high of 49968, with the National Stabilization Fund convening its 131st extraordinary meeting to authorize market support, its 10th intervention in history to stabilize market confidence.
The TAIEX plunged 3737 points intraday on the 6th, closing down 1873 points at 39701 points, falling below the 40,000 mark, with turnover exceeding NT$1 trillion. The three institutional investors sold a net NT$114 billion combined, with foreign investors as the largest source of selling pressure, and market sentiment turned cautious.
After the U.S. election, AI regulation concerns triggered selling pressure. On the 6th, Taiwan stocks plunged 3737 points intraday to close at 39701 points, losing the 40000-point mark. Analysts cite a margin washout, oversold negative divergence, and stabilization of the Taiwan dollar as three signals for a rebound toward 47000 points.
Taiwan stocks closed down 1,873.08 points on the 6th, the 4th-largest closing drop on record, with an intraday plunge of 3,737.67 points, the largest intraday drop ever. In a rare statement, the Ministry of Economic Affairs stressed strong export and production momentum and international competitiveness, urging confidence in Taiwan's industries.
Taiwan stocks plunged 1873.08 points on the 6th to close at 39701.64 points, falling below the 40000 mark. 0050 traded about 943,200 lots, while two leveraged 2X ETFs totaled nearly 2,886,100 lots and fell nearly 10%. The investment trust suspended creations and warned of risks.
Changhua Bank reported October self-consolidated after-tax profit of 16.28億元, up 14.9% year-on-year, with cumulative first 10 months reaching 189.98億元, up 22% year-on-year, already surpassing last year's full-year profit, with earnings per share of 1.58元.
Taiwan stocks plunged 3737點 intraday to a record, closing down 1873點 at 39701點. Foreign investors posted a 7th straight net sell of 911億元, while investment trusts posted a 19th straight net buy. The Taiwan dollar surged 1.7角 in the afternoon, with markets watching whether the central bank intervened.
Taiwan stocks plunged 1,873.08 points today to close at 39,701.64 points, down 4.51%, with turnover reaching NT$1 trillion 2,461.04 billion. Analysts noted margin liquidations triggered chain selling pressure, though memory and energy stocks were relatively resilient and are expected to become the market support focus ahead.
Taiwan stocks on the 6th once plunged 3737.67 points to 37837.05 points, setting the largest intraday drop, closed at 39701.64 points down 1873.08 points, TSMC closed at 2135 yuan, institutional investors say AI orders are deferred not cancelled.
On November 6, Taiwan stocks plunged over 3700 points intraday, while ETF trading heated up against the trend, with 00929 leading at about 410,000 lots, 0050 reaching about 379,000 lots, and 00878 continuing to attract bargain-hunting buyers on its dividend theme.
Dragged down by a plunge in U.S. stocks on AI regulation concerns, Taiwan stocks at one point tumbled 3737 points intraday, losing the 40000-point level and the annual line and setting a record for the largest single-day point drop. The FSC will announce market stabilization measures, with analysts expecting a short-term attempt to halt the decline and build a base, while the later outlook awaits a clearer U.S. political situation.
Taiwan stocks plunged 1,585.25 points by midday on the 6th, falling below 40,000 points, with 1,201 listed companies down and only 157 up. Institutions named record-revenue stocks such as Gigabyte and Hon Hai, with AI server and substrate demand remaining strong, drawing market attention to dip-buying opportunities
After the U.S. midterm elections, concerns over AI data center regulation and financing costs sent the Philadelphia Semiconductor Index down about 12%, with Taiwan stocks at one point plunging nearly 4,000 points. Analysts recommend watching 3 key indicators, saying the correction offers entry opportunities in leaders as fundamentals remain intact.
Taiwan stocks plunged over 3700 points intraday to 37837, then narrowed losses to hold 40,000. An expert says a margin washout is key to stabilization, the long-term bull trend is intact but shifting to a slow bull, with AI as the top pick for staged buying with caution.
Taiwan stocks on the 6th plunged over 3,700 points in early trading, breaking below 38,000 points in the largest single-day point drop on record, before narrowing losses. 0050 traded over 71萬 lots, while 2x leveraged ETFs totaled over 241萬 lots with sharp early premiums, as bargain-hunting and rebound-chasing funds entered simultaneously.
Hit by AI policy concerns after the U.S. midterm elections, U.S. stocks plunged and dragged Taiwan stocks down more than 3,700 points in early trading on the 6th, falling below 38,000 points and the annual moving average, with TSMC and MediaTek opening from limit-down to narrow losses.