Taiwan stocks retreated 2312 points from the October high of 49968.92, while Taiwan ETF beneficiaries rose against the trend to 23.8 million, up 330,000 in a single week and 1.17 million for the month, with all top ten by popularity posting growth, showing strong willingness to buy on dips.
Taiwan Stocks
Taiwan stocks plunged 667.25 points on the 29th to close at 46,368.33, losing the quarterly moving average, with foreign investors selling 68.815 billion. UMC hit limit-down to close at 115.5, with foreign investors selling 129,000 lots, analyst Chou Tai-yun called it profit-taking, with below 120 a safe zone.
Taiwan stocks plunged 667.25 points on the 29th, falling below the quarterly moving average, with foreign investors posting net selling of 688.15億元. Alphabet's Q3 free cash flow turned negative, which Guo Zherong attributed to capital expenditure expanding to 3,000億美元, and he sees 50,000 points in sight after peace talks.
Advantech 2026 Q3 revenue was 324.40 hundred million yuan with EPS of 7.15 yuan, and EPS for the first 3 quarters reached 16.21 yuan, surpassing last year's full-year performance, as quarterly revenue and profit both hit record highs on edge AI benefits and strong orders.
The Taipei Exchange, together with Taishin Securities and the Taiwan Depository and Clearing Corporation, led 7 OTC companies including Grand Process Technology to hold an investor conference in Singapore, holding nearly 50 meetings with nearly 20 international institutions. Foreign participation rose to 31%, demonstrating semiconductor supply chain momentum and market internationalization progress.
Delta Electronics posted third-quarter revenue of NT$197.1 billion, up 31% year-on-year, with EPS of NT$9.04, gross margin of 34.1%, AI-related revenue at nearly half of total, and liquid cooling at 13%. Ping Cheng expects fourth-quarter revenue to grow further, with AI momentum continuing into next year.
Taiwan Union Technology third-quarter EPS of 12.88 yuan hit a record high, shares closed higher for two consecutive days with a cumulative gain of 8.59%. The investment advisor is optimistic about low-end and high-end CCL price increases and AI server specification upgrades, maintaining a Buy rating and raising the target price to 1900 yuan.
Taiwan stocks opened higher but closed down 667 points, falling nearly 980 points intraday in a high-volume bearish engulfing pattern. Chen Jiawei warned that AI P/E correction and shrinking capital expenditure are forming a perfect storm, with a short-term pullback toward the annual line likely. Investors should raise cash to hedge and avoid blindly averaging down.
Taiwan equities closed at 46368.33 on the 29th, down 1.42%, while Yageo closed at 543, down 0.73%, with dealers net buying 220 lots for 3 straight days. Q3 revenue was 495.32 billion, a record high, with EPS 5.83, and first-three-quarters EPS reached 14.32.
UBS says Taiwan, backed by its semiconductor and AI hardware supply chain strengths, is seeing demand extend to more segments, forecasting corporate earnings growth of 42% this year and 37% next year, with AI data center and hardware demand remaining the key growth driver.
Taiwan stocks closed down 667點 at 46368點, down 1.42%, with turnover of 7904億元; foreign investors sold 688億元 while investment trusts bought 86億元. U.S. tech earnings and AI spending are in market focus, with semiconductor outlook and high-dividend ETF performance in the spotlight.
Fubon Securities resigned as the recommending securities firm for Shan Ta Shi on the emerging stock market, sending its share price down 30.24% to 575 on October 29. Chairman Wu Xue-zong stressed that the lead underwriter and advisory brokers remain unchanged, with 6 recommending brokers still in place, and the listing schedule is unaffected, with an OTC listing expected in January next year.
The U.S. Federal Reserve held rates steady, U.S. stocks closed higher but concerns over AI investment lingered, the Taiex plunged 667 points on the 29th, foreign investors sold NT$68.815 billion, the New Taiwan dollar fell to 32.595 intraday and closed at 32.492, down 7.4 cents.
Taiwan stocks closed down 667 points at 46368 points, with foreign investors net selling 688 hundred million yuan. US tech earnings weighed on the market, with institutions focusing on cloud growth, AI spending benefits and the Federal Reserve direction. Investment trust buying provided support, and high-dividend ETFs remained strong.
With the Fed holding rates steady, Taiwan stocks fell 667 points and lost the quarterly moving average, foreign investors sold a net NT$68.8 billion and moved funds abroad, the NT dollar approached 32.6 intraday, the central bank intervened late in the session, finally depreciating 7.4 cents to close at 32.492, becoming the weakest Asian currency and ending a two-day winning streak.
Panel maker AUO held an earnings call on 29日, reporting third-quarter consolidated revenue of 668.8億元, down 5.7% quarter-on-quarter, with gross margin of 10.1%, net loss attributable to the parent company of 25億元, and loss per share of 0.33元, with core operations turning to a loss. The company gave a conservative outlook for the fourth quarter, and the stock closed at 34.05元 today.
Delta Electronics posted record-high third-quarter consolidated revenue of 1970.59億元, but booked about 39億元 in inventory write-downs, dragging gross margin down to 34.08%, below 35%. Chairman Cheng Ping called it a short-term phenomenon and expects destocking to improve in the fourth quarter.
Yageo's third-quarter consolidated revenue reached NT$49.532 billion, a record high, up 11.4% QoQ and 49.7% YoY, marking 7 consecutive quarters of growth, with quarterly EPS of 5.83, first-three-quarters EPS of 14.32, AI revenue accounting for nearly 20%, aiming for continued growth in Q4.
Taiwan stocks opened lower and trended down on the 29th, with the weighted index falling 667.25 points to close at 46368.33 points, down 1.42%. The PCB sector was broadly lower, with Kinsus and others plunging over 5%, while only Shang Mao posted its 5th consecutive limit-up, becoming the focus of the session, with turnover reaching 7891 hundred million yuan.
On the 29th, Taiwan stocks opened lower and moved lower to close at 46368.33 points, down 667.25 points or 1.42%, with Largan Precision plunging 8.21%, Genius Electronic Optical hitting limit down, the panel trio and the optoelectronics group weakening across the board, and turnover reaching 7891.52 hundred million yuan.