Bulls stormed the TSMC market and closed at 16,153 points | Anue Juheng-Taiwan Stock Market Trend

Taiwan stocks bulls revolve around TSMC (2330-TW), pushing up the concentrated market-weighted stock price index today to a record high of 16238.46 points, the index closed at 16153.77 points, the index finally rose 347.59 points or 2.2%, setting a new high for Taiwan stocks. Market experts pointed out that the long-term pattern of Taiwan stocks will continue. Go up along the 5th line.

The main force of Taiwan stocks today is still on TSMC. It closed at 673 yuan, an increase of 26 yuan or 4.02%. The number of transactions reached 88,783, with a transaction value of 58.8 billion yuan, accounting for 16.55% of the centralized market transaction value of 355.3 billion yuan. TSMC expanded its capital this year. Expenses have also pushed up the rise in plant construction and equipment concept stocks.

Another focus of Taiwan stocks today is MediaTek (2454-TW), foreign brokerages are optimistic about the strong momentum of 5G mobile phone chip shipments. MediaTek’s share price closed up 62 yuan or 7.11%, closing stock price at 934 yuan, trading volume enlarged to 17,481, and the transaction value of individual stocks reached 16 billion yuan. Today’s transaction value of MediaTek and TSMC is estimated to reach 74.8 billion yuan, which accounts for 21% of the centralized market transaction value.

Taiwan stocks opened at 15775.73 points in early trading, the highest was 16238.46 points, and the lowest was 15775.73 points. The index closed at 16153.77 points, which rose by 347.59 points or 2.2%. It also set a new high for Taiwan stocks, with a market turnover of 355.3 billion yuan.

In terms of the performance of weight stocks, Largan (3008-TW) Closed at 2825 yuan, up 1.25%, Hon Hai (2317-TW) The closing stock price was 117 yuan, up 2.18%.

The current trend of Taiwan stocks is focused on pulling up TSMC, and the market is also commensurate with the current market momentum. Jian Boyi, associate advisor of Cathay Pacific Securities and Futures, said that Taiwan stocks are currently bullish, and investors are also doing more TSMC and related products. Concept stocks, market funds are quite concentrated, causing blood loss in small and medium-sized stocks. Looking at the concentration of the market, the ratio of all stocks rising and falling is about 1:1, but the large-cap index closed at 16,153.77 points, a big increase of 347.59 points or 2.2%. It set a new high for Taiwan stocks; it also showed the strength of the weight stocks to support the market and lift the index.

Jian Boyi said that the current long-term pattern of Taiwan stocks will continue and move up along the 5-day line, making it difficult to set the index high position.

The new US President Biden took office, and the Asian regional stock markets, including Japan, South Korea, Shanghai Stock Exchange, Shenzhen, and Hong Kong’s Hang Seng Index, rose until midday.