Taiwan Stocks Swing Sharply and Narrow Losses
Taiwan stocks staged sharp volatility on the 4th, falling below 42,000 intraday before closing down 358.63 points at 42,948.91 points, with a single-day high-low swing of 1,885.72 points and turnover of NT$1,114.821 billion. Foreign investors sold a net NT$149.899 billion, the 5th-largest sell-off on record, while investment trusts bought a net NT$27.631 billion against the trend, showing a clear divergence between domestic and foreign investors, with some actively managed ETFs also expanding positions on the volatility.
Actively Managed ETFs Focus on Heavyweights
According to the finance fan page "Mochi Dad Active Stock Investment Notes" after-market tracking, buying by actively managed ETFs on the 4th remained concentrated in heavyweights, with MediaTek (2454) receiving a combined 297 lots from four groups, TSMC (2330) seeing combined buying of 905 lots from two groups, and ASE Technology Holding (3711) also receiving a combined 1,481 lots from two groups, showing institutional funds continued to build positions in semiconductors and packaging/testing amid market volatility. Data sources are Mochi Dad Active Stock Investment Notes and CMoney Active ETF, with actual additions subject to official data.
00981A Adds TSMC for 3rd Straight Day
Among them, 00981A bought 7 stocks in a single day for about NT$3.624 billion, without selling any holdings. TSMC was added by another 805 lots, bringing total buying over 3 consecutive trading days to 2,018 lots and holdings to 15,269 lots; ASE Technology Holding was also bought heavily at 1,463 lots, bringing holdings to 16,905 lots, plus an additional 137 lots of MediaTek and 100 lots of Tong Hsin Electronic. 00982A bought 31 stocks in a single day for about NT$1.307 billion, also without selling, with Tenghui Electronics-KY added for two straight days for a combined 1,061 lots, MediaTek also up by 105 lots, while previously trimmed Dayi and Nichiden Trade were bought back, with a notably wider allocation.
Modest Dip-Buying and Key Points Ahead
00991A bought 3 stocks in a single day for about NT$198 million, adding another 20 lots of AVC to reach 1,500 lots, plus 15 lots of MediaTek and 10 lots of King Slide. Notably, King Slide fell about 6.93% on the day, yet funds still bought on the pullback. 00403A bought 100 lots of TSMC and 40 lots of MediaTek in a single day, raising TSMC holdings to 7,900 lots, while trimming 150 lots of Dynapack to still hold 1,850 lots. 00992A bought 240 lots of BizLink-KY in a single day, raising holdings to 1,581 lots, while cutting 304 lots of Nan Jun International to 1,580 lots, and 00400A saw no trading changes for two consecutive trading days. Key points ahead are whether Taiwan stocks can hold 42,000 and whether actively managed ETFs continue to buy on dips, but with foreign investors selling nearly NT$150 billion in a single day, selling pressure remains significant.