[Times-Taipei Electric]The US Federal Reserve (Fed) has a tough stance on raising interest rates. November retail sales data is not good. The market is worried about the future economic downturn. %; Taiwan equity ADR closed lower. In addition, the European, British and Swiss central banks raised interest rates by 2 yards simultaneously and hinted that further interest rate hikes in the future are not ruled out and that the market atmosphere is more dignified. The international central bank “raised first to win the people over”, and China’s central bank also raised interest rates by half a meter without raising the standard. This year’s GDP is hopeless at 3. Friday, the Taiwan stocks fell 179.92 points on open to 14554.21 points as fundamentals weakened. TSMC (2330) opened down 14 yuan and led the decline. In early trading, it once broke through the whole 14,500 level. Shipping and Biotechnology sparked support and eventually fell 205.58 points or 1.4%, closing at 14,528.55 points, falling below its short-term average and the monthly line; it is the highest amount in a month. It fell 176.88 points or 1.2% this week, and Zhou K remained black for two consecutive days.
Today, foreign capital (excluding self-managed foreign investors) has sold more than 15.76509 billion yuan, investment credits have sold more than 169.7 million yuan, proprietary traders have sold more than 6.40851 billion yuan, and three major legal entities sold more than 22.19 billion yuan. Foreign investors withdrew 16.936 billion yuan on the 2nd; this week, cumulative sales exceeded 18.587 billion yuan; this month, cumulative sales exceeded 22.799 billion yuan. Today Touxin has resold oversells and self-dealers have expanded their oversells.
Feiban tumbled more than 4% and TSMC’s ADR fell 2.46% on Thursday. Taiwan semiconductor stocks performed weakly today, and shares closed down 1.93%. Weight shares were killed by short sellers, Shuangwang TSMC and Largan (3008) fell nearly 2%; MediaTek (2454) was downgraded by foreign investors and its target price, and its share price fell 3% in response. Double tiger panel AUO (2409), Innolux (3481) and ABF substrate indicators Nandian (8046) and Xinxing (3037) all lost due to selling pressure. Conversely, UMC (2303) turned red in recent trading, while Hon Hai (2317) and PSMC (6770) fell less than 1%.
The BDI index rose more than 9% on Thursday, encouraging shipping stocks to close higher. Wan Hai (2615) led the way with an increase of more than 8%, followed by China National Aviation Corporation (2612), which climbed nearly 6% Taiwan Hua Investment Holdings (2636), Evergreen (2603) are increased by more than 4%, Yangming (2609) increased by nearly 4%, Siweihang (5608), Taiwan Airlines (2617) and Huiyang-KY (2637) increased by 1% to 2%. Mainland China’s unfreeze triggered a wave of drug rush, and bulls turned to some biomedical stocks: Taiyao (4746) lowered daily limit by 2, Sinochem (1701) rose 7%, Sinochem (1762) rose more than 4%, Xinghui (1734), Ever Trusty (3705) rose more than 1%. Over-the-counter drugs Songrui Pharmaceutical (4167) and Johnson & Johnson (4747) topped the top, while Jianya (4130) and Yide (6461) rose more than 8% to 9%.
Lunyuan Investment Consulting pointed out that because the weighted index is below the monthly line, it shows that the medium-term consolidation of Taiwan stocks continues, and at this stage, the adjustment of individual stocks is the main one. Overall, the current international market is quite weak, and with large domestic investors staying on the sidelines, there is no need to rush into contrarian stocks in operations, and one should expect the market to vent its selling pressure of panic before operating .
Guopiao Investment Consulting said that in addition to the exposure of the new round of interest rate hikes by central banks, new quarterly adjustments to the Taiwan 50 Index, Taiwan High Dividend and other new quarterly constituent securities are imminent. it is advisable to pay close attention to the relevant information and respond immediately. In addition, as the timeline to the end of the year approached, the group’s shares were launched one after another, and the investment fund began distributing production stocks. Relevant stocks are expected to become the target of the year-end account and will continue to focus. (edited by: Liao Xiaoqiao)
