Intraday Update: Taiwan Stock Market Rises 61 Points Amid Volatility! Nanya, Compal, and HANXUN Hit Limit Up; ASUS Reaches 1,000 TWD

The Taiwan stock market opened at 46,103.81 points today, exhibiting a volatile upward trend early in the session, peaking at 46,402.6 points. The index then consolidated between 46,100 and 46,250 points. As of midday trading, the index reached 46,082.52 points, rising 61.04 points (0.13%).

On the individual stock front, multiple listings showed strong momentum, with Nanya, Lishan, Hoshine, Compal, and HANXUN hitting limit up. Conversely, Young Power and Solartech plunged to limit down.

Performance of major weighted stocks:

- TSMC (2330): 2,425 ▼5 (-0.41%) - Hon Hai (2317): 259.5 ▼2 (-0.95%) - MediaTek (2454): 4,290 ▲60 (1.30%) - Quanta Computer (2382): 329.5 ▲4.5 (1.69%) - Delta Electronics (2308): 1,895 ▲10 (0.53%) - Fubon Financial (2881): 128.5 ▼0 (0.00%) - Cathay Financial (2882): 101 ▲1 (1.01%)

Sector-wise performance:

Computer and peripheral equipment stocks saw robust buying interest, with notable gains:

- Compal (2324): 43.2 ▲3.9 (9.92%) - ASUS (2357): 1,000 ▲63 (6.72%) - Acer (2353): 32.75 ▲1.05 (3.49%)

Aerospace and defense-related stocks also attracted significant capital inflows, driving sharp rallies:

- HANXUN (2634): 70.6 ▲6.4 (9.97%) - TransAsia Airways (2630): 53.1 ▲4.8 (9.94%) - Thunder Tiger (8033): 201.5 ▲18 (9.81%)

Within the plastics sector, select Formosa Group stocks performed strongly:

- Nanya (1303): 207.5 ▲18.5 (9.79%) - Formosa Plastics (1301): 59.8 ▲2.3 (4.00%) - Formosa Chemicals (1326): 60.7 ▲1.2 (1.68%)

Steel stocks, however, showed relative weakness during the session:

- China Steel (2002): 19 ▼0.2 (-1.04%) - East One Steel (2006): 80.2 ▼5 (-5.85%) - Tat Cheng Steel (2027): 47.5 ▼3 (-6.35%)