Taiwan stocks plunged as much as 980 points intraday on the 29th, closing down 667 points at 46,368 with turnover of 789.1 billion. Foreign investors sold a net 68.8 billion, while the eight state-owned banks bought against the trend, adding 33,533 lots of UMC to top the list. Panel makers Innolux and AUO attracted buying, while financial stocks were trimmed.
Taiwan Stocks
Taiwan equities closed down 667.25 points, or 1.42%, at 46368.33 points on the 29th, with foreign investors selling a net 688.15億元, UMC was dumped by 129,271 lots to close limit-down at 115.5元, while domestic investment trusts bought for a 13th straight day to support the market.
Taiwan stocks plunged 667.25 points on the 29th to close at 46368.33 points, as UMC faced combined foreign-investor and investment-trust net selling of 149,789 lots, with its share price tumbling 9.77% to NT$115.5 to hit limit down, becoming the focus of selling pressure, while financial stocks attracted foreign buying.
Affected by negative news from Google's earnings report, Taiwan stocks on 10月29日 fell nearly 1,000 points intraday, electronics stocks dropped under pressure, while financial holding stocks supported the market against the trend, Yuanta MSCI Financial (0055) closed at 52.5元 for a record closing high, up 6.6% since 10月, topping gold-related ETFs.
Hit by negative Google earnings, Taiwan stocks plunged nearly 1,000 points intraday on October 29, with electronics stocks sold off, while financial holding stocks held up the market. Yuanta MSCI Taiwan Financials 0055 closed at 52.5, a new closing high, up 6.6% in October, leading finance-inclusive ETFs.
Taiwan stocks opened lower and moved lower on October 29, closing down 667 points at 46368 points. Institutional investors posted a net sell of NT$81.6 billion, with foreign investors selling a net NT$68.8 billion, while investment trusts extended their buying streak to 13 sessions with NT$8.6 billion in net buys, unable to offset the selling pressure as the index fell below 47000 with expanded turnover.
Taiwan stocks plunged nearly 1,000 points on the 29th, reversing after surging 939 points the previous day. Mixed US tech earnings, disappointing Google cash flow and a 5% pullback in Samsung weighed on the market, fueling concerns over AI spending, while memory stocks opened low and closed higher, with the outlook focused on supply-demand through 2028.
Taiwan stocks on the 29th opened lower and moved lower, once falling to 46055 points, and finally closed at 46368 points, down 667 points, with turnover of 7891 hundred million yuan. TSMC closed at 2415 yuan, while biotech and financials held up against the trend. Memory gains narrowed and electronics were weak, while optoelectronics and glass fell sharply.
All four major US indexes rise with Philadelphia Semiconductor up over 1%, Taiex night futures pull back, Taiwan stocks on the 29th open lower and close down 667 points at 46368, TSMC falls 10 to close at 2415, turnover NT$789.152 billion, financial stocks buck the trend to support the market, OTC falls 7 points
Delta Electronics has pulled back from a high of 2500 to 1510, a decline of about 39.6%, sparking heated discussion among investors trapped at high levels. The market is focusing on the gap between earnings and valuation, with attention next on AI power demand and outlook to be released at the 10月29日 earnings call.
Taishin Securities joined hands with the Taipei Exchange to hold a corporate day in Singapore on the 29th, leading 7 OTC companies including Hermes Epitek and Aspeed to meet with nearly 20 international institutional investors, showcasing Taiwan's semiconductor supply chain strength and aiming to boost the international visibility and foreign participation of the TPEx market.
Taiwan stocks plunged 974.11 points intraday on the 29th to 46135.03 points. Uni-President 00981A added 1976 lots of ASE Technology Holding yesterday, ranking first; ASE Technology Holding was temporarily reported at 683 yuan, down 1.73%, with most OSAT stocks weakening and only Qinyi Holdings and Yichang closing higher against the trend.
Taiwan Stock Exchange on 28日 announced Flexium saw a 3308萬元 large settlement default, reported by 4 brokerage branches, the 14th case in the listed market this year and 27th across the whole market, linked to the sharp selloff trading on 10月22日.
TSMC closed at 2400元 on 27日, MediaTek closed at 3960元, with the spread narrowing to 1560元, but the convergence came from MediaTek's pullback, sparking heated debate among investors who jokingly told foreign investors not to misunderstand C.C. Wei's remarks. The original poster's hope for a rally to 5000元 fell through, triggering discussion.
Alphabet third-quarter cloud revenue grew 103% year-on-year, but search advertising missed expectations and free cash flow turned to negative 90.7億美元, plunging after-hours; TSMC opened lower today and broke below the quarterly line, analysts say fundamentals remain sound and the pullback can be watched as a layout opportunity.
Taishin Securities joined hands with the Taipei Exchange to host a corporate day in Singapore, leading 7 OTC companies including C Sun to meet with nearly 20 international institutional investors, showcasing semiconductor supply chain strength and raising the international visibility of the TPEx market.
Taiwan stocks opened lower on the 29th and moved lower, at one point plunging over 760 points intraday, with the weighted index temporarily at 46303.67 points, down 1.56%. Alphabet earnings sparked AI concerns, margin balances rose by 89.13 hundred million, the New Taiwan dollar depreciated past 32.5, and analysts are watching whether the 5-day line can be retaken.
UMC guided for 92% utilization and about 10% YoY ASP growth in 2027 at its earnings call, yet its shares still plunged to the 115.5 limit-down on the 29th, while group affiliate Faraday surged to 231.5 for a 2nd straight limit-up, with cumulative institutional net selling exceeding 350,000 lots.
Selling pressure emerged intraday in Taiwan stocks on the 29th, with the TAIEX falling as much as 765.80 points; as of 9時55分 it was down 651.39 points at 46384.19 points, with Nandian, Xinxing and Jingshuo falling together, while Jianding bucked the trend to rise 3 yuan to 547 yuan.
TAIEX plunged 683.63 points to 46351.95 in early trading on the 29th, down 1.45%. Delta Electronics posted record EPS of 26.64 for the first three quarters, yet shares still fell 5.81% to 1460; Parade-KY expects fourth-quarter revenue to decline QoQ, plunging 6.1%.