Index Swings Over 900 Points Intraday
Taiwan stocks moved in a volatile range on the 27th, hitting an intraday high of 46585.45 points, up 544.02 points, and dipping to an intraday low of 45676.67 points, down 364.76 points, a high-low swing of over 900 points. It closed at 46096.23 points, up 54.80 points, or 0.12%, with turnover reaching 9782.87 hundred million yuan and active market trading.
TSMC Gains as Heavyweights Support Market
Among heavyweight stocks, TSMC closed at 2400 yuan, up 15 yuan, or 0.63%, stabilizing the market. Other heavyweights including Taiwan Cement, Hon Hai, China Steel, and Nanya Technology also closed higher. Acer closed at 33.15 yuan, up 0.70 yuan, or 2.16%. In the memory group, Winbond closed at 163 yuan, up 8.50 yuan, or 5.50%, while Powerchip Semiconductor Manufacturing Corporation closed at 69.4 yuan, up 3 yuan, or 4.52%, rising against the trend on heavy volume.
00406A Tops Volume With Nearly 1.28 Million Lots
The day's volume leader was Active CTBC Taiwan Income, with volume of nearly 1.28 million lots, closing at 8.83 yuan, down 0.23 yuan, or 2.54%, showing explosive volume with a lower close. Most of the top 100 by volume closed lower, with Tongtai standing out with a limit-up gain. Actively traded ETFs included Cathay FTSE Growth High Dividend 30, CTBC Battery and Energy Storage, Fubon SSE, Yuanta Taiwan Dividend Plus, Fubon STOXX Europe ESG ELITE 30, Cathay MSCI Taiwan Inverse 1X, Cathay Investment Grade Corporate Bond Plus, Cathay 20-Year U.S. Treasury, Fuh Hwa Taiwan Technology Dividend High, Cathay Sustainable High Dividend, and Grand Cathay Korea KOSPI50.
Financials Edge Up as Funds Rotate
Financial stocks were led by Taishin Shin Kong Financial, closing at 42.20 yuan, up 0.10 yuan, or 0.24%. KGI Financial closed at 38.45 yuan, up 0.70 yuan, or 1.85%. CTBC Financial closed at 75 yuan, up 0.10 yuan, or 0.13%, while First Financial also closed higher. Overall, most of the top 100 stocks and ETFs by volume closed lower, with rapid fund rotation and a high-volume volatile session.