Open High, Pull Back and Briefly Break Below 46K, Close Slightly Up 54 Points
Driven higher by gains in US stocks, Taiwan stocks rose after the open on the 27th, at one point climbing to 46585 points, before selling pressure emerged and the market moved from a high open to lower levels, turning from gains to losses in early trading. The index oscillated repeatedly around the flat line intraday, showing a deadlocked trend alternating between gains and losses, at one point falling below the 46000-point mark, and finally closed at 46096 points, up 54 points or 0.12%, with trading volume of 9765億元.
台積電 Closes at 2400元 to Support the Market While Electronic Components Weaken
Heavyweight 台積電 (2330) moved slightly differently from the broader market, opening down 5元 before gradually stabilizing, and finally closed at 2400元, up 15元 or 0.63%, providing some support to the market. The four major US stock indexes rose together on news of Anthropic's initial public offering, but related artificial intelligence themes failed to lift Taiwan's electronic component stocks.
The electronic components sector fell 2.75% on the 27th, becoming a relatively weak group on the market, with 禾伸堂 (3026) down 6.6%, 華通 (2313) down 3.7%, 燿華 (2367) down 3.6%, 台達電 (2308) down 3.2%, and 金像電 (2368) down 3.1%. Some stocks were relatively resilient, with 國巨* (2327) up 2.7%, and 川湖 (2059) closing up 0.5% despite briefly turning lower. Glass stocks, also related to artificial intelligence and semiconductors, weakened as well, with bellwether 台玻 (1802) down 2.8%.
Auto Sector Lifted by Recovering Car Sales, Mixed Performance Across Stocks
Among traditional industries, chemical and plastic/rubber stocks closed lower overall, with 中台塑 (1301) up 0.8%, 台化 (1326) up 1.4%, while 南亞 (1303) and 台塑化 (6505) closed lower. The Ministry of Economic Affairs last week released September wholesale, retail and food-service revenue, with automobile and motorcycle retail sales benefiting from recovering buying interest, up 20.3% year-on-year, surpassing the 19.1% year-on-year growth in June. Boosted by this, the auto sector rose 1.9%, with 和泰車 (2207) up 3.9%, 汎德永業 (2247) up 4.1%, 和大 (1536) up 3.7%, and 宇隆 (2233) up 3.1%.
Leading gainers on the market were 東台 (4526), 冠西電 (2466), 盟立 (2464), 新代 (7750) and 同泰 (3321), while steeper decliners included 泓德能源 (6873), 台端 (3432), 尖點 (8021), 嘉基 (6715) and 宏致 (3605), showing rapid capital rotation and divergent sector performance, with the short-term trend still dominated by volatile consolidation.