Index Opens Higher and Moves Higher to Reclaim 47000 Points
Taiwan stocks launched a strong rebound on the 28th. The weighted index opened at 46402.79 points in early trading, followed by continued buying inflows, hitting an intraday high of 47060.46 points, and closed up 939.35 points or 2.04% at 47035.58 points, retaking the 47000-point mark and closing near the intraday high. However, turnover was only about 7232.96億元, below the previous day's 9783億元. The market showed a broad rally, with listed companies totaling 1313 gainers and 489 decliners, including 63 limit-up and only 2 limit-down stocks. Gainers clearly dominated, showing funds were not only concentrated in large-cap heavyweights but also spread to multiple electronics and traditional industry groups, reflecting a recovery in market risk appetite.
Three Major Institutional Investors Simultaneously Net Buy 298.95億元
In terms of筹码, the three major institutional investors all stood on the buy side, with combined net buying of 298.95億元. Foreign investors ended 2 consecutive selling sessions and turned to net buying of 159.22億元; investment trusts continued to add positions with net buying of 118.07億元, marking a record 12 consecutive trading days of net buying; dealers also swung from selling to buying, with combined net buying of 21.65億元, echoing Taiwan stocks' strong rebound of 939 points to retake 47000 points. In the futures market, foreign investors' TAIFEX net short positions continued to decrease, falling by another 1126 contracts to 84917 contracts, showing that as foreign investors covered buys in the spot market, futures short positions also narrowed, though total net shorts remained above 8.4萬口.
PCB Materials Group Remains Strong, 南亞 Sees Heavy Volume
The PCB, fiberglass cloth and electronic materials groups of recent market focus remained active. 富喬1815 closed at the limit-up price of 144 yuan, up 9.92%, with trading volume of 7.58萬張; 東台4526, focused on AI server boards and carrier drilling equipment, also hit the limit-up price of 49.65 yuan, up 9.97%, with volume of about 7.39萬張. 台玻1802 closed at 65.6 yuan, up 0.61%, with volume of about 12.5萬張, having risen to 68.4 yuan in early trading before gains narrowed into the close, showing some stocks still faced profit-taking pressure during the rebound. 南亞1303 performed even stronger, closing at 319 yuan, up 7.23%, with turnover of 277.08億元, becoming one of the trading focuses in the Taiwan stock market.
Panel Leaders Lead Gains, Wafers Follow
Among other electronics stocks, the panel leaders rose in tandem, with 友達2409 closing at 35.55 yuan, up 6.28%, with volume exceeding 25萬張; 群創3481 rose 4.76% to close at 48.45 yuan, with volume of about 7.96萬張. Wafer foundry stocks also joined the rebound, with 聯電2303 closing at 128 yuan, up 4.49%; 力積電6770 closing at 71.3 yuan, up 2.74%, with volume of 16.29萬張. Memory stock 旺宏2337 closed at 103.5 yuan, up 0.49%, having touched an intraday high of 107.5 yuan. Overall, whether the rally can continue after the index rebound still depends on trading volume, foreign investor moves, and subsequent performance of large-cap heavyweights.