Taiwan's stock market opened lower and continued to decline throughout the morning session. Although the index briefly reached 41,698.39 points early in the session, heavy selling pressure soon emerged, driving the index down steadily. The intraday low hit 39,743.56 points—a drop of over 1,700 points. The benchmark index is currently hovering around 39,865.98 points, down 4.06%.
Market breadth was weak, with far more stocks experiencing sharp declines than gains. Data showed only a handful of stocks surged over 9%, while dozens of stocks plunged more than 9.5% or hit the daily trading limit down, indicating widespread panic among investors.
Top gainers (partial list): - Nichi (1526): 18.9 TWD ▲1.7 (+9.88%) - Chia-Ling (4976): 37.7 TWD ▲3.4 (+9.91%) - Guangding (6226): 22.55 TWD ▲2.05 (+10.00%) - Long Ming Green Energy (3018): 17.25 TWD ▲1.55 (+9.87%)
Top decliners and limit-down stocks (partial list): - Nan Ya (1303): 142 TWD ▼15 (-9.87%) - UMC (2303): 102.5 TWD ▼11 (-9.69%) - Delta Electronics (2308): 1,435 TWD ▼145 (-9.18%) - Yageo (2327): 507 TWD ▼56 (-9.95%) - Macronix (2337): 102 TWD ▼11 (-9.73%) - King Yuan Electronics (2449): 212.5 TWD ▼23.5 (-9.96%) - Unimicron (3037): 688 TWD ▼76 (-9.95%) - Innolux (3481): 40.95 TWD ▼4.05 (-9.33%)
Performance of key large-cap stocks: Major electronics blue chips led the market lower. TSMC, MediaTek, and Hon Hai all declined. - TSMC (2330): 2,220 TWD ▼65 (-2.85%) - Hon Hai (2317): 236 TWD ▼2.5 (-1.05%) - MediaTek (2454): 3,025 TWD ▼295 (-8.75%) - Quanta Computer (2382): 308.5 TWD ▼3.5 (-0.96%) - ASUS (2357): 744 TWD ▲9 (+1.09%) - Wistron (3231): 169.5 TWD ▼1 (-0.29%)
Sector performance: Most sectors declined. Petrochemicals were dragged down by large-cap losses; financials followed the broader market lower; shipping stocks showed relative resilience, with some counters rising.
Petrochemical sector: - Formosa Plastics (1301): 54.7 TWD ▼2.8 (-5.04%) - Formosa Chemicals (1326): 57.2 TWD ▼3.7 (-5.91%)
Financial sector: - Fubon Financial (2881): 122.5 TWD ▼2.5 (-2.39%) - Cathay Financial (2882): 94 TWD ▼1.5 (-1.36%) - CTBC Financial (2891): 62.1 TWD ▼0.3 (-0.80%)
Shipping sector: - Evergreen (2603): 200 TWD ▼0 (+0.25%) - Yang Ming (2609): 50.2 TWD ▼0.6 (-0.79%) - Wan Hai (2615): 84.8 TWD ▲1.2 (+1.44%)
Heavy electrical equipment sector: - Huatech (1519): 650 TWD ▼20 (-2.69%) - Chung Hsing Electric (1513): 147 TWD ▼5.5 (-3.61%) - Shihden (1503): 185.5 TWD ▼5 (-2.10%)
FACT BOX
- Source: PR Times
- Category: News