TAIEX Holds Above 46000 Points
On the 27th, the Taiex opened high and moved lower, turning negative several times intraday and falling below the 46000-point mark at one point. It turned higher into the close to finish at 46096.23 points, up 54.8 points or 0.12%, with turnover of NT$9765.47 billion. According to Wangu data, the eight state-owned banks posted net buying of about NT$45.63 billion in the listed market on the same day, indicating national team funds entered the market. Amid high-level volatility and the intraday loss of the round-number level, state-backed buying helped the market hold 46000 points and close slightly higher, while market caution remained strong.
Three Major Institutions Sell ETFs as State Funds Take Delivery
On the chip front, the three major institutional investors adjusted ETFs on the same day, selling 主動中信台灣收益00406A, 主動統一台股增長00981A, 主動統一升級5000403A, as well as market-cap-type 元大台灣500050 and 中信台日韓PCB009828. The national team stepped in to take delivery of multiple ETFs including the above 5. Popular ETF 00406A closed at NT$8.83 on the same day, down 2.54%, falling for 2 consecutive days with a cumulative drop of 4.23%. Foreign investors sold about 68,000 lots of 00406A on the same day, proprietary dealers sold 853,000 lots for hedging, for combined selling of 921,000 lots by the three major institutions, while the national team bought 181,000 lots of 00406A on the other side, spending NT$16.35 billion and becoming an important intraday support.
Top 10 State-Owned Net Sales Mostly ETFs
According to Wangu data, the top ten net sales by lots among the eight state-owned banks on the 27th were all ETFs. The first was 主動中信台灣收益00406A with net sales of 181,696 lots; the second was 主動統一台股增長00981A with net sales of 28,977 lots; the third was 主動統一升級5000403A with net sales of 28,307 lots; the fourth was 群益臺灣加權正200685L with net sales of 25,104 lots; the fifth was 元大台灣500050 with net sales of 16,832 lots. The sixth was 元大台灣50正200631L with net sales of 1萬3038張; the seventh was 元大高股息0056 with net sales of 11,197 lots; the eighth was 凱基台灣TOP50009816 with net sales of 11,171 lots; the ninth was 中信台日韓PCB009828 with net sales of 9,797 lots; the tenth was 主動群益核心5000415A with net sales of 7,389 lots. Investors should make independent judgments, evaluate carefully, and bear their own investment risks.