Taiwan Stock Market Pre-Market News: Approaching 45,000 Points, Monthly Line Battle, Extended Trading Suspended, Odd-Lot and Regular Shares to Open Simultaneously at 9 AM by Year-End

July 9 Taiwan Stock Market Press Release

1. On July 8, the Taiwan stock market rose 255.3 points (0.56%) to close at 45,734.41 points, nearly reclaiming the monthly moving average of 45,762 points, with a trading volume of NT$958.347 billion. Foreign investors continued selling, recording net sales of NT$37.949 billion for the fifth consecutive day, while buying interest flowed into several financial stocks.

2. The New Taiwan Dollar fluctuated on July 8, closing at NT$32.032, up NT$0.111. The trading value at Taipei Forex Brokers dropped sharply to USD 1.35 billion, with inbound capital flows strengthening while outbound funds showed clear signs of hesitation.

3. June self-reported earnings from listed financial holding companies (FHCs) have been gradually released. As of July 8, three companies have announced results, with combined profits totaling NT$8.738 billion. Cumulative after-tax net profits for the first half of the year reached NT$48.767 billion. Among them, Bank SinoPac and E.SUN Financial Holding achieved record-high cumulative net profits for the same period in history, while Fubon Financial Holding posted a year-on-year increase of over 323%. All three FHCs have securities subsidiaries benefiting from the heated trading activity in the Taiwan stock market, delivering strong performance.

4. The Taiwan stock market has surged this year, driven by the AI boom, with numerous high-priced stocks emerging. Retail investors have actively participated through odd-lot trading. On July 8, Taiwan Stock Exchange Chairman Lin Hsiu-ming confirmed during a Legislative Yuan Finance Committee session that odd-lot trading opening time will be advanced to 9:00 AM, synchronized with regular share trading, and is expected to be implemented by the end of 2026. Additionally, to enhance trading efficiency, the odd-lot trade matching interval is planned to be shortened from the current 5 seconds to just 1 second, with implementation targeted for July 2027.

5. Recently, the possibility of extending trading hours in the Taiwan stock market has sparked market debate. Financial Supervisory Commission (FSC) Chairman Peng Jin-lung, during a Legislative Yuan Finance Committee session on July 8, gave a clear answer, emphasizing that the plan is currently 'not being implemented' and has no timeline. He stressed that the FSC will not proceed without broad societal consensus.

6. Yageo Corporation (2327-TW), a major passive components manufacturer, announced June revenue of NT$15.359 billion, a record high for a single month, up 2% month-on-month and 38.9% year-on-year. Walsin Technology (2492-TW) reported June revenue of NT$3.961 billion, up 7.1% MoM and 25.8% YoY, reaching its highest level in nearly 61 months.

<Taiwan Stock Market Closing Report>

The market swung over 800 points intraday but closed up 255 points, with TSMC's strong rebound supporting the rally, though the monthly line was not reclaimed.

Foreign investors sold NT$37.9 billion for the fifth consecutive day, while buying interest focused on EVA Airways and six financial stocks.

Suncomm Technology reported June revenue of NT$257 million, up 89.38% YoY, but noted delays in customer upgrades for its LEO satellite business affecting procurement timing.

<New Taiwan Dollar>

The currency rose NT$0.111 to close at NT$32.032, with the NT$32 psychological level briefly regained but ultimately lost.

<Top 3 Financial Holding Companies' H1 Profits Surge>

Bank SinoPac and E.SUN Financial achieved record-high H1 profits, while Fubon Financial's YoY growth exceeded 323%.

<Major Odd-Lot Trading Reform>

Taiwan Stock Exchange: Odd-lot trading to open at 9:00 AM by end-2026; matching interval to shorten to 1 second by July 2027.

<Taiwan Stock Trading Hours Extension Suspended>

FSC Chairman Peng Jin-lung confirms 'not being implemented, no timeline'.

<Wistron>

June revenue reached NT$321.8 billion, second-highest monthly record; H1 revenue hit NT$1.74 trillion, a new high.

<Phison Electronics>

June revenue set another record; H1 revenue surpassed NT$100 billion, achieving a milestone.

<Yageo>

June revenue sets new monthly high; Walsin Technology hits best level in over 5 years.