Opened High Then Pulled Back, Fell Below 46000 Intraday
Boosted by gains in US stocks and the end of the 4-day market closure, Taiwan stocks climbed to 46585 at the open on the 27th, then reversed in early trading to show a high-open-lower-close pattern. It briefly fell below the 46000 mark intraday, then fluctuated around the flat line with repeated gains and losses, closing at 46096, up 54 points or 0.12%, with trading volume of 9765億元.
台積電 Holds Up the Market While Electronic Components Weaken
台積電 (2330) diverged from the broader market, opening down 5, then recovering to close at 2400, up 15 or 0.63%. The four major US indices rose on news of the Anthropic IPO, but the AI enthusiasm did not lift Taiwan electronic component stocks, with the sector down 2.75% today. Among them, 禾伸堂 (3026) fell 6.6%, 台達電 (2308) fell 3.2%, 金像電 (2368) fell 3.1%, 華通 (2313) fell 3.7%, and 燿華 (2367) fell 3.6%. On the other hand, 國巨* (2327) rose 2.7%, and 川湖 (2059) turned green intraday and finally closed up 0.5%. Glass stocks, also related to the AI and semiconductor industries, also declined, with bellwether 台玻 (1802) falling 2.8%.
Traditional Industries Diverge as Auto Market Recovery Lifts Auto Stocks
In traditional industries, chemical and plastic/rubber stocks closed lower overall. The four stocks of 台塑 diverged, with 台塑 (1301) and 台化 (1326) rising 0.8% and 1.4% respectively, while 南亞 (1303) and 台塑化 (6505) declined. Last week the Ministry of Economic Affairs released September wholesale, retail and food service revenues, with motor vehicle retail benefiting from recovering demand, up 20.3% year-on-year, breaking the 19.1% year-on-year record set in June. Auto stocks rose 1.9% today, with 和泰車 (2207) closing up 3.9%, 汎德永業 (2247) up 4.1%, 和大 (1536) up 3.7%, and 宇隆 (2233) up 3.1%.
Gainers and Losers Diverge at the Individual Stock Level
Among top gainers, 東台 (4526), 冠西電 (2466), 盟立 (2464), 新代 (7750), and 同泰 (3321) posted larger gains. Among top decliners, 泓德能源 (6873), 台端 (3432), 尖點 (8021), 嘉基 (6715), and 宏致 (3605) fell more sharply. Overall, after the market closure Taiwan stocks opened high then moved lower with high-level volatility, with clear fund rotation between electronics and traditional industries.