Today, the Taiwan stock market opened under immediate selling pressure, with the index starting at 43,654.84 points and maintaining a weak, downward trajectory. The index briefly fell to a low of 43,067.68 points during the session. Although there were scattered buying attempts, the overall market sentiment remained weak. As of now, the market index stands at 43,161.18 points, down approximately 1.22%.
In terms of individual stocks, both gains and losses were observed. Several stocks surged to their daily upper limits, while others faced heavy selling pressure and hit their lower limits:
- Zhongfu (1435): 25.5 ▲2.3 (9.91%) - Richi (1526): 17.7 ▲1.6 (9.94%) - Tongling (2910): 25.9 ▲2.35 (9.98%) - Long Ming Green Energy (3018): 14.3 ▲1.3 (10.00%) - Formosa Chemicals & Fibers (6505): 77.3 ▼8.5 (-9.91%) - Walsin Technology (2492): 248.5 ▼25.5 (-9.85%) - Holset Engineering (3026): 576 ▼64 (-10.00%) - TPK Holding (8039): 216 ▼24 (-10.00%)
Among heavyweight stocks, electronic leaders generally faced pressure. TSMC managed to hold flat, while Hon Hai and MediaTek saw clear declines. In contrast, financial heavyweights played a supportive role, with Fubon Financial and Cathay Financial both rising against the trend:
- TSMC (2330): 2350 ▼0 (0.00%) - Hon Hai (2317): 246.5 ▼6.5 (-2.57%) - MediaTek (2454): 3580 ▼170 (-5.07%) - Fubon Financial (2881): 129 ▲1 (1.18%) - Cathay Financial (2882): 97.8 ▲1.1 (1.13%)
Sector-wise, financials showed resilience today, with many financial holding stocks performing strongly. In contrast, the plastics sector became a major sell-off target, with the Formosa Four suffering across-the-board losses. The shipping sector showed mixed results—container shipping leaders declined, while airline leaders posted slight gains:
- Formosa Plastics (1301): 60.1 ▼2.4 (-3.83%) - Nan Ya Plastics (1303): 168 ▼9.5 (-5.63%) - Formosa Chemical (1326): 63.2 ▼4.1 (-6.37%) - Mega Financial (2886): 49.7 ▲1.25 (2.58%) - First Financial (2892): 34.9 ▲0.6 (1.75%) - China Airlines (2610): 21.05 ▲0.55 (2.68%) - EVA Airways (2618): 41.45 ▲0.75 (1.84%)
FACT BOX
- Source: PR Times
- Category: News