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Taiwan Stock Market Today: MediaTek rises while AI concept stocks pull back

Although the Taiwan stock market today (3rd) rose in MediaTek (2454-TW) The leading IC design group was supported by the market, but AI concept stocks pulled back after rising, coupled with the industrial and financial stalls, the index fluctuated lower, and the decline expanded in late trading, finally closing at 16454.34 points, down 102.97 points or 0.62%, half-year line Gains were followed by losses, with a trading volume of 255.716 billion yuan.

Observing the performance of electronic weight stocks, MediaTek’s stock price opened high and fluctuated after foreign investors raised the target price to 1,000 yuan. It ended up rising 3.6% to close at 772 yuan, regaining all moving averages; TSMC (2330-TW), Hon Hai (2317-TW) and UMC were relatively weak, while Quanta and Wistron also weakened simultaneously, falling more than 2%.

MediaTek drives the IC design community to act as a support indicator, Shengquan (3122-TW), Jinghaoke (3006-TW) turned on the daily limit; Duntai rose by more than half the limit, and Parade-KY, Tongjia, Elan, Weiquan Electronics, etc. also all increased by 2-3%.

Memory module factory ADATA (3260-TW) is optimistic that it will enter the bull market next year, and the quotations will also go all the way up, driving Adata to rise by more than half the limit; memory modules are even stronger, with Shangcheng hitting the daily limit, Apacer rising by 8%, and Team Group rising by as much as 5%, Guangying, Pinan, Phison, Innodisk, etc. are all stronger than the market.

In the performance section of individual stocks, panel maker AUO (2409-TW) with 600 millionEUR,aboutNew Taiwan Dollar The acquisition of German company BHTC for 20.4 billion yuan allowed AUO to integrate smart cockpit systems. After the stock price opened high today, it pulled back from the shock and ended with a small gain.

2023-10-03 05:45:31
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