Index Opens Lower and Falls Below 45000
Taipei stocks opened at 44481.59點 on 11月3日, down 438.55點 at the open, with selling pressure later expanding to an intraday low of 44152.77點, plunging 767.37點 and falling below the 45000 level. The index was only about 152.77點 away from the 44000 integer mark, and the market faces a battle to defend 44000, with focus on whether it can hold intraday and at the close. If it falls further below 44000, short-term sentiment may turn more cautious, making the battle for the integer level the key focus today.
Electronic Heavyweights Show Mixed Performance
Among heavyweight stocks, TSMC at 11月3日上午10時26分 reported 2330元, holding flat for now. MediaTek reported 3870元, down 100元, and ASE Technology Holding reported 645元, down 29元, showing mixed performance. TSMC was relatively resilient, while MediaTek and ASE Technology Holding faced selling pressure. Divergence in the semiconductor group weakened the rebound momentum of the TAIEX, with the market watching whether heavyweights can stabilize to slow the decline and help defend the 44000 level.
Hon Hai Surpasses Delta Electronics to Rank Third by Market Value
The market-value ranking among heavyweights has changed. According to closing statistics on 11月2日, Hon Hai had a total market capitalization of about 3兆5330億元, about 3.533兆元, surpassing Delta Electronics at about 3兆5196.1億元, about 3.5196兆元, to become the third-largest listed company in Taiwan. Ranking only after TSMC and MediaTek, Hon Hai led Delta Electronics by about 134億元, showing shifts among large electronic heavyweights that affect index composition and fund allocation.
Sharp Drop in US Philadelphia Semiconductor Index Weighs on Taiwan Stocks
In the previous US trading session, the Philadelphia Semiconductor Index fell 360.47點, down 3.37%, to close at 10328.33點. Whether selling pressure in US technology stocks will continue to affect Taiwan's semiconductor group is the market focus. Against weaker US semiconductors, Taiwan electronics stocks were under pressure and the TAIEX opened lower, with whether it can defend the 44000 integer mark the key focus intraday and at the close, as investors watch subsequent US market performance and linkage effects on Taiwan stocks.