[Times-Taipei News]The surge and crash in US stocks are the order of the day. The V-reversal magic show took place on Monday. 158 points to recover 5. Sunline and Wansan City. Today, foreign capital (excluding foreign-owned economic operators) sold more than 3.7139 billion yuan, investment funds sold more than 1.85899 billion yuan, dealers bought more than 3.21153 billion of yuan and the three main legal entities have sold more than 2.361 billion yuan. Cumulative sales of foreign capital for 2 consecutive years reached 12.481 billion yuan. Since September, cumulative sales have exceeded 57.729 billion yuan. This year, the cumulative sales exceeded 1.3 trillion yuan. This week, the international market is still shrouded in uncertain factors such as the US super financial report, the UK CPI announcement and the speeches of US Fed officials.
Strong Bank of America financial report and the hairpin of UK tax cut policy prompted US equities to rebound sharply overnight. Shares in Taiwan are dancing with the international stock market today. King TSMC (2330) opened higher and recovered 400 yuan. Semiconductors, IC Panel Drivers, Shipping, Lamination, Finance Other ethnic groups have come together to play strong, causing the index to plummet to 13143 points and climb 170 points at one time. Although intraday fluctuated and fell 10,000 points, fortunately, financial stocks broke through and TSMC lifted its tail. The final weighted index closed at a relative high of 13124.68 points. On 158.63 points, the value of the transaction was reduced to 198.072 billion yuan.
On the record, weighted stocks were mixed, with TSMC (2330) closing at a high of 407 yuan, up 2.5%, and its market value returned to 10.54 trillion yuan. UMC (2303), MediaTek (2454), Delta (2308), Silicon Power * -KY (6415) joined forces and Hon Hai (2317) unveiled two new electric vehicles on Tech Day. Light (3008) is entered the field heat dissipation and bucked and closed nearly 2% of the black and lost 1,800 yuan Xinhua (5274), Novatek (3034), Nanya (2408), Quanta (2382), ASE Investment Control (3711) synchronized After closing in the dark, carrier Sanxiong Nandian (8046) and Xinxing (3037) continued its uptrend, while Jingshuo (3189) rose further and revised down 1%.
TV panels increased in late October. Double Tiger AUO (2409) and Innolux (3481) were in high demand, while touch groups IC Tianyu (4961), Duntai (3545) and Sitronix (8016) kept up; 3228), Creative (3443), WorldCore-KY (3661), M31 (6643) continued to be affected by the US chip ban; ) and MSI (2377) followed suit.
Traditional stocks are flourishing, Formosa Four Treasures Formosa Plastics (1301), Nanya (1303), Taihua (1326), Formosa Plastics (6505) are all red; 3%, Evergreen (2603) stopped falling and claimed, the wholesale group Xinxing (2605), Huiyang-KY (2637), AVIC (2612) and Taiwan Airlines (2617) joined forces and the group of logistics and transportation Taihua Investment Control (2636)), Taiwan High Speed Rail (2633), Farglory Port (5607) and Home Delivery (2642) followed, while the airline pair China Airlines (2610) and EVA Air (2618) remained in the red.
Analysts pointed out that Bank of America’s better-than-expected financial report, coupled with easing the UK fiscal crisis, has inspired European and American equity markets to rise and ease. From a technical standpoint, Taiwanese stocks are obviously oversold and their current valuations are relatively low, however, in the face of a downward revision of corporate earnings next year, the visibility of the economic climate is still low and the market equity still under pressure. Stock selection focuses on memory, green energy / storage, aerospace satellites, new energy vehicles and weight stocks that have fallen deeply.
Experts believe that with inflation and interest rate hikes, economic recession and other bad news, Taiwan stocks will touch a low near Wansan. Market predicts that as the election approaches, Taiwan stocks will have the opportunity to rebound from November to January next year. (edited by: Long Cailin)
