Boosted by gains in U.S. AI chip stocks, Taiwan stocks opened higher and extended gains on October 28, surging over 850 points intraday to a high of 46949 and moving back above the quarterly line, with TSMC climbing to 2430, and MediaTek and ASE leading heavyweight gainers, while the index consolidated around 46800.
Taiwan Stocks
Boosted by the listing of 00415A last week, the number of Taiwan equity ETFs increased to 95, a record high, with beneficiaries up by 32.9萬 week on week to a total of 19580110, a record high for two consecutive weeks, up by 7406620 so far this year, with 26 ETFs hitting record highs in beneficiaries simultaneously.
Taiwan stocks surged as much as 853.75 points to 46949.98 on Oct 28, with PCB stocks rallying strongly. Chin-Poon hit the daily limit to lead gains, while Nanya PCB, Unimicron and Kinsus all rose. Only TSMT fell 0.18% to NT$278.
On the first trading day after the long holiday, Taiwan actively managed ETFs posted single-day net buying of NT$14.1 billion, extending the streak to 10 days. 00406A led with NT$10.46 billion in buying, focusing on TSMC and other semiconductor-chain stocks. Buying was highly concentrated with clear divergence, as capital continued to flow in.
Taiwan stocks pulled back nearly 3,000 points in three weeks, with 0050 down about 7.88%. 00981T, with a stock-bond allocation, fell only 0.42% including distributions, as its bond holdings helped diversify risk. The OTC index fell 8.1%, and a single-day swing of over 900 points drew attention.
Buoyed by two straight days of strength in U.S. tech stocks, with the Philadelphia Semiconductor Index surging 3.6% and Taiex futures in the night session jumping 774 points, Taiwan stocks on the 28th are expected to extend their rebound. Investors are focused on whether TSMC can hold above its quarterly moving average and lead the index past last Thursday's high, with buying returning to memory and silicon photonics stocks.
Boosted by higher U.S. stocks and returning AI buying, Taiwan stocks opened on the 28th up 716.28 points at 46812.51 points, TSMC rose 25 to 2425, glass, plastics and electronic components led gains, small and mid-cap stocks strengthened together, with the OTC index up 2.69%.
Supported by returning AI buying and falling international oil prices, Taiwan stocks opened on the 28th up 306.56 points at 46,402.79, with gains later expanding to over 700 points, while TSMC rose NT$20 and MediaTek and Delta Electronics advanced together.
Inspired by a 3.03% jump in TSMC ADR, TAIEX night futures surged 774 points, with TSMC futures reclaiming the quarterly moving average. Institutions are closely watching the super central-bank week and the U.S. midterm elections; short-term volatility is unavoidable, but a post-election rally is expected, with a year-end push toward the 50,000-point mark.
Taiwan stocks on the 28th, lifted by US stocks, opened higher and moved higher, opening up 306.56 points to reclaim the quarterly line and 5-day line, with memory stocks remaining strong, Powerchip surging over 2% on heavy volume, institutional buying in support, heavyweights rising together, and the OTC market also moving higher in choppy trading.
U.S. stocks rose on the 27th on returning AI buying and lower oil prices, with the Philadelphia Semiconductor Index surging 3.6% and TSMC ADR gaining 2.95%. Electronics heavyweights, memory and AI server stocks in Taiwan stocks on the 28th are expected to be boosted, though focus later shifts to the Federal Reserve rate decision and Big Tech earnings.
The TAIEX opened higher and moved lower on the 27th, closing at 46096.23 points, up 0.12%. The eight major state-owned banks posted net buys of 45.63億元, the three major institutional investors slashed 5 ETFs, and the national team took over more than 18萬 lots of 00406A to support the market.
Micron closed at $903 on the 26th, reclaiming the $900 level and driving a broad rebound in Taiwan memory stocks on the 27th. Nanya Technology rose 6.52% with NT$5.096 billion in foreign net buying, while Winbond rose 5.5% with NT$3.627 billion in foreign net buying.
All four major U.S. indexes closed higher on the 27th, with the Philadelphia Semiconductor surging 3.6%. TAIEX futures night session jumped 774 points and TSMC futures rose 42 yuan, and Taiwan stocks on the 28th are expected to rebound strongly, with focus on electronic heavyweights and turnover performance. Investors should watch margin positioning and volume changes.
All four major U.S. indexes closed higher on the 27th, with the PHLX Semiconductor Index surging 3.6%. TAIFEX night session soared 774 points, TSMC futures rose NT$42, and margin balances fell NT$10.493 billion. Taiwan stocks are expected to extend the rebound at today's open and challenge prior highs.
The actively managed Fuh Hwa Financial Dividend ETF (00998A), listed in April this year, fell only 0.74% from October 6 to 16, when the TAIEX fell 5.44% and the 0050 fell 6.44%. Netizens say investors still need to look at its holdings and stock-selection logic.
The OTC announced on the 27th that Dehong, Lutron, Smart Link Services and eLand are listed as disposition stocks, subject to alternate board trading with matching every 2 minutes from the 28th to November 3, due to excessive short-term gains and trading indicators exceeding thresholds, reminding investors to watch liquidity and volatility risks.
Taiwan stocks opened higher and fluctuated on the 27th, stabilizing into the close at 46096.23 points, up 54.8 points, or 0.12%, with turnover of about 9765億元. AUO was sold a net 95960 lots by foreign investors, bought a net 3520 lots by investment trusts, and its share price fell 5.51% to close at 33.45元.
IGS 第三季 licensing revenue grew 四十三趴 year-on-year, with operating margin reaching 六成一點七. Institutional investors are optimistic on U.S. cross-state expansion and overseas momentum, forecasting 二○二六年 EPS of 四十七點八八元 and assigning a Buy rating.
Taiwan stocks saw undiminished buying momentum amid October volatility, with 0050 monthly net subscriptions topping 100 billion yuan again, the fourth time this year, and cumulative inflows topping 7,000 billion yuan for the year to rank first. Institutions say market-cap ETFs offer participation in industry growth, with fund momentum supporting the broader market's challenge of 50,000 points.