Market Rebound Returns Above Quarterly Moving Average
On the 28th, Taiwan stocks staged a strong rebound, with the TAIEX closing up 939.35 points at 47035.58 points, up 2.04%, retaking the 47000 integer mark and standing above the quarterly moving average at about 46398 points, with trading value of 7221.35億元. On the盘面上, the electronic components sector rose 4.37%, with printed circuit board, optoelectronics and plastics groups rising together, showing rebound momentum has spread to sector rotation rather than being driven only by heavyweight stocks.
00991A Leads Gains Among Large Active ETFs
台積電 closed at 2425元 on the day, up 1.04%, while Active Fuhua Future 50 (00991A) rose 4.62% to close at 17.21元, 2.26 times the gain of the broader market. Among the top five active ETFs by market size, 00991A ranked first in single-day gains, followed by 00981A with a 4.56% gain, showing the rebound resilience of large active ETFs. According to holdings data on October 27, 00991A's 台積電 weight was 14.77%, with PCB, ABF carrier board and copper-clad laminate related holdings totaling about 30%, a positioning echoing the 4.37% rise in the electronic components sector and the strength of PCB and AI supply chains.
Growth Stocks Lead Gains and Institutional Views
Among 00991A's major holdings, 景碩 hit the daily limit-up, 南亞科 rose 8.16%, 信驊 rose 7.99%, 南亞 rose 7.23%, 聯發科 rose 6.94%, 日月光投控 rose 6.76%, and 台光電 rose 5.79%, with multiple technology growth stocks rising more than 台積電's 1.04%. Financial analyst 陳唯泰 recently noted that after the market correction, more concentrated active ETFs may show higher rebound resilience, and highlighted 00991A's exposure to ABF carrier boards, memory, passive components and AI component industries. In terms of scale, 00991A currently has a scale of 714億元, the fourth-largest among active ETFs and among the top ten in the market.
Leadership Shifts Toward Sector Rotation
Looking ahead, the market is watching changes in leadership structure, as 台積電 rose about 1% while the electronic components sector rose over 4%, signaling funds shifting toward growth opportunities beyond heavyweight stocks. Against the backdrop of continued AI server specification upgrades, increased demand for high-end PCB and substrates, and changing supply-demand in the memory industry, whether industries with earnings growth momentum can take over will be the key focus for whether Taiwan stocks can further challenge 50000 points. The above content is for information compilation only and not investment advice; investors should assess risks themselves and read the prospectus carefully.