Taiwan Stocks Fall 829 Points in a Week as Three Institutional Investors Sell 187.88 Billion
Taiwan stocks faced heavy selling pressure from October 27 to 30. The weighted index plunged 1156.50 points on October 30 to close at 45211.83 points, down 2.49%. For the week, the index fell 829.60 points, or 1.80%, marking three straight weekly declines. According to stock exchange statistics, the three institutional investors sold a combined 187.88 billion this week, including 1733.65 billion in sales by foreign investors and about 83.1 billion in sales by dealers, while only investment trusts bought a net 68.587 billion, showing divergent moves between domestic and foreign institutions.
UMC Tops Sell List as Foreign Investors and Investment Trusts Cut Holdings Together
By individual stock, foundry UMC (2303) was the top stock sold by the three institutional investors this week, with combined sales of 200,794 lots, or about 200,800 lots. Foreign investors sold about 109,500 lots, while investment trusts also cut about 84,100 lots. The synchronized reduction by both institutions put UMC firmly at the top of the sell list. In terms of share price, UMC fell 4 on Friday to close at 111.5, down 3.46%, showing electronics heavyweights were the focus of institutional withdrawals, with selling concentrated in semiconductors.
Panel Pair Lose 154,000 Lots as Memory and Traditional Stocks Come Under Pressure
Panel stocks also faced selling pressure, with the panel pair seeing combined reductions of about 154,000 lots. AUO (2409) was sold 110,013 lots by the three institutional investors this week, ranking second on the sell list, with its share price falling to limit-down on Friday to close at 30.65; Innolux (3481) saw 43,952 lots dumped, ranking fourth, plunging 7.50% on Friday to close at 42.55. In addition, memory stock Macronix (2337) was sold 45,508 lots by institutions this week, ranking third, with its share price down 4.6% on Friday to close at 95.4; glass stock Taiwan Glass (1802) was also cut by 41,162 lots, ranking fifth, though its share price was relatively resilient, rising 0.48% on Friday to close at 62.3.
Top Ten Sellers Released as Break Below Half-Year Line Draws Attention
According to stock exchange data, the top ten stocks by lots sold by the three institutional investors this week were sixth-ranked Delta Electronics (2308) with 18,782 lots sold; seventh-ranked Zhen Ding-KY (4958) with 18,781 lots; eighth-ranked Nan Ya (1303) with 15,106 lots; ninth-ranked Compeq (2313) with 12,541 lots; and tenth-ranked CPDC (1314) with 11,004 lots. Overall, selling pressure this week was concentrated in semiconductors, panels and some traditional industry stocks. With Taiwan stocks falling below the half-year line, whether funds will continue to withdraw remains a market focus, and investors should carefully assess investment risks.