On May 13, the Taiwan stock market opened higher and continued to rise, driven by heavyweight electronic stocks. The index briefly reached a high of 46,216 points, surging nearly 700 points intraday. It closed at 46,021 points, firmly above the 46,000 level and all short-term moving averages, up 503.41 points. Trading volume surged to TWD 1.05 trillion. The three major institutional investors collectively bought TWD 90.756 billion.
Analyzing today's trading activities of the three major institutions: foreign investors bought TWD 75.695 billion, proprietary traders bought TWD 15.061 billion, and investment trusts bought TWD 0.01 billion, resulting in a total net buy of TWD 90.756 billion. This marks four consecutive trading days where all three institutions have taken a bullish stance together.
FACT BOX
- Source: PR Times
- Category: News