Taiwan Stocks Surge 939 Points to Close at 47035 as Foreign Investors Net Buy 15.9 Billion

黃黃郁婷 產業線記者2026-10-28 19:56

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Boosted by rebounds in US stocks and the Philadelphia Semiconductor Index, Korean stocks surged, Taiwan stocks jumped 939 points to close at 47035, foreign investors turned net buyers of 15.9 billion, semiconductor and IC design ETFs posted strong performance, with institutions focused on the outlook.

Index Rebounds to Reclaim 47000

Buoyed by a rebound in US stocks, the Philadelphia Semiconductor Index surged 3.6% and Korean stocks soared 6.6%, Taiwan stocks rebounded strongly on the 28th, rising as much as 964 points intraday and closing up 939 points, or 2.04%, at 47035, with turnover reaching 723.2 billion. On the chips front, sentiment turned positive, with foreign investors shifting from net selling to net buying of 15.9 billion, investment trusts net buying 11.8 billion, and dealers net buying 2.4 billion.

Heavyweights Lead, Semiconductor ETFs Shine

Heavyweight and high-price stocks led the advance, with 台積電 up 1%, 聯發科 surging 6.9%, 台達電 up 2.6%, 南亞 jumping 7.2%, 華碩 up 2.1%, 金像電, 創意 and 精測 hitting limit-up, and stock king 信驊 rebounding 7.9%, all strong market indicators. Semiconductor ETF performance diverged. According to CMoney statistics as of October 28, Taishin Taiwan IC Design ETF 00947 held 創意 as its largest holding at 11.68%, while most others held 台積電 as their largest holding; over the past year 00947 led with a 131.86% gain, while over three years Taishin Taiwan Semiconductor 30 00904 led with a 282.84% total return including dividends.

Institutions Focus on AI Demand and Election Rally

Looking ahead, 00904 and 00947 manager 黃鈺民 noted that earlier semiconductor weakness was mainly due to surging US Treasury yields, but with strong US tech earnings, a continued strong outlook for 2027, Tesla CEO 馬斯克 optimistic about robot mass production driving memory demand, and 台積電 confirming strong chip demand at its investor conference, the short-term focus is on AI capex, memory demand and corporate earnings. In the medium to long term, November will bring US midterm elections and Taiwan local elections, and historical experience shows a high probability of pre-election gains. Once uncertainties clear, there remains a chance for a technical rebound, with advice to build positions in semiconductor and IC design ETFs in batches as 台積電 stabilizes at its six-month moving average.

Multiple ETFs Hit New Closing Highs as Cybersecurity Theme Heats Up

Several ETFs also hit new closing highs against the trend, including Cathay Network Security 00875, street-tracked Brent Oil Bull 2X 00715L and Yuanta S Petroleum 00642U. Among them, 00875 drew attention as PHP disclosed two critical 9.2-severity vulnerabilities CVE-2026-109618 and CVE-2026-109619, with manager 沈廷陽 stressing that cybersecurity requires combining real-time blocking with continuous monitoring. Separately, according to TDCC statistics on October 22, Taiwan ETFs hit a record 95 funds, with beneficiaries up 329,000 on the week to 19,580,110, up 7.4 million people this year to 6620 people. Allianz Taiwan Smart Fund manager 陳思銘 projects Taiwan earnings growth of 84% in 2026 and 35% in 2027.

FAQ

Why did Taiwan stocks surge on the 28th?

Boosted by a US stock rebound, a 3.6% surge in the Philadelphia Semiconductor Index and a 6.6% jump in Korean stocks, Taiwan stocks rose as much as 964 points intraday and closed up 939 points at 47035, with foreign investors net buying 15.9 billion, investment trusts net buying 11.8 billion and dealers net buying 2.4 billion, on turnover of 723.2 billion.

Which semiconductor ETF performed best?

According to CMoney statistics as of October 28, Taishin Taiwan IC Design 00947 led over the past year with a 131.86% gain, while Taishin Taiwan Semiconductor 30 00904 led over three years with a 282.84% total return including dividends. 00947's largest holding is Creative at 11.68%.

How do institutions view the outlook for Taiwan stocks?

黃鈺民 is positive on AI demand, order visibility confirmed by TSMC's investor conference, and November US-Taiwan election seasonality, advising batch布局 in semiconductor ETFs; the KGI 00915 team advises focusing on companies with strong earnings and financials, while Uni-President emphasizes Taiwan's over 11% economic growth supporting a long-term bull market.