Opens Higher and Rises 583 Points to Close at 43675 Points
Taiwan stocks staged a strong rebound on the 13th, with the weighted index opening at 43719.75 points and surging nearly 1400 points intraday to a high of 44489.48 points. Selling pressure later emerged, and gains narrowed to 583.25 points, or 1.35%, closing at 43675.12 points, with turnover reaching 9177.54 hundred million yuan. The close was 814.36 points below the intraday high, showing profit-taking pressure at highs remains.
Foreign Investors Buy 288 Hundred Million, Investment Trusts Extend to 24 Straight Buys
Foreign investors today ended 11 straight trading sessions of net selling, turning to a net buy of 288.37 hundred million yuan. Investment trusts continued adding 82.37 hundred million yuan, marking a 24-session buying streak. Proprietary dealers posted net buys of 42.99 hundred million yuan on principal trading and 25.94 hundred million yuan on hedging positions, for a combined net buy of 68.92 hundred million yuan, with all three major institutional investors on the buy side for a total net buy of 439.66 hundred million yuan.
However, foreign investors diverged between spot and futures. Despite turning buyers in spot, TAIEX futures net shorts instead increased by 1297 contracts to 100870 contracts, further expanding from 99573 contracts in the previous session, showing futures hedging or bearish positions remained intact while restocking equities.
1399 Gainers Led by Taiwan Glass on Heavy Volume and ASICs
On the broader market, a total of 1399 listed gainers on the TWSE and OTC far outnumbered 436 decliners, with 69 limit-up and 4 limit-down stocks. The Active CTBC Taiwan Income ETF led turnover with 65.88 ten thousand lots, closing at 7.75 yuan, up 1.84%. Taiwan Glass ranked second with 44.14 ten thousand lots, up 4.16% to close at 85.1 yuan, with turnover of 372.77 hundred million yuan. Leveraged ETFs were active, with Capital Taiwan Weighted 2X trading 41.39 ten thousand lots, up 3.48%, Yuanta Taiwan 50 2X trading 37.75 ten thousand lots, up 3%, while Yuanta Taiwan 50 Inverse 1X also saw 35.35 ten thousand lots. In electronics, AUO traded 35.75 ten thousand lots, up 4.11% to close at 30.4 yuan, Innolux traded 11.45 ten thousand lots, up 2.83% to close at 39.95 yuan, Fulltech Fiber rose 3.65% to close at 142 yuan, and Yuanta Taiwan 50 rose 1.54% to close at 102.5 yuan.
ASIC and silicon IP stocks were today's focus, with MediaTek briefly hitting the 4235 yuan limit-up price intraday and still closing up more than half a limit. Global Unichip touched the 8645 yuan limit-up price intraday and closed at 8610 yuan, surging 9.54%. Alchip-KY hit a high of 4040 yuan and closed sharply higher by 9.39% at 4020 yuan. Faraday closed locked limit-up at 196 yuan, Andes Technology and Juyou Technology also closed limit-up at 249.5 yuan and 242.5 yuan respectively, while eMemory jumped 6.12% to close at 2340 yuan.