Index Reclaims 47,000 and Quarterly Moving Average
Taiwan stocks staged a strong rebound on the 28th, with the weighted index closing up 939.35 points at 47,035.58 points, a gain of 2.04%, reclaiming the 47,000-point mark and the quarterly moving average at about 46,398 points, with turnover of 7,221.35億元. Electronic components led the market with a 4.37% surge, while printed circuit board, optoelectronics and plastics groups also advanced, showing the rebound has spread from heavyweight stocks to sector rotation.TSMC closed at 2,425 yuan today, up 1.04%, a relatively modest gain.
00991A Jumps 4.62% to Top Active ETFs
The Fuh Hwa Future 50 Active ETF (00991A) closed up 4.62% at 17.21 yuan, 2.26 times the broader market gain. Among the top five active ETFs by market size, 00991A ranked first in single-day gains, followed by 00981A at 4.56%, demonstrating the rebound resilience of large active ETFs. Based on holdings data as of October 27, 00991A held a 14.77% weighting in TSMC, with PCB, ABF substrate and copper-clad laminate-related holdings totaling about 30%, positioning it to capture the 4.37% surge in electronic components and strength in PCB and AI supply chains.
Tech Growth Holdings Advance in Tandem
Among 00991A major holdings, Kinsus hit the daily limit-up, Nanya Technology surged 8.16%, ASPEED rose 7.99%, Nan Ya Plastics rose 7.23%, MediaTek rose 6.94%, ASE Technology Holding rose 6.76%, and Taiwan Union Technology rose 5.79%, all clearly outperforming TSMC 1.04% gain. Financial analyst Chen Wei-tai previously noted that after the market correction, more concentrated active ETFs could show stronger rebound resilience, highlighting ABF substrates, memory, passive components and AI component sectors in 00991A portfolio, a view echoed by today simultaneous strength in related groups.
NT$71.4 Billion in Scale, Market Eyes Sector Rotation Ahead
00991A currently has a scale of 714億元, ranking fourth among active ETFs and firmly among the top ten in the market, combining scale with performance. Looking ahead, the market is watching changes in leadership structure: with TSMC up only about 1% while electronic components surged over 4%, capital is seeking growth opportunities beyond heavyweight stocks. With continued AI server specification upgrades, rising demand for high-end PCBs and substrates, and shifting memory supply-demand dynamics, whether profit-growth industries can take the baton if Taiwan stocks are to challenge 50,000 points further will be a key indicator for the rally continuation.