Taiwan Semiconductor rebounds, rising by 14 TWD; Taiwan stock market surges over 185 points in early trading
The Taiwan stock market rose by 185.39 points in the early session, reaching a high of 22,256.48 points, influenced by TSMC's increase of 14 TWD, with a rise of 1.44%. Despite the decline in U.S. stocks, the Taiwan stock market performed strongly, with electronic stocks such as Hon Hai, MediaTek, and ASE showing slight increases, and AI concept stocks also experiencing minor gains. Analysts pointed out that the technical aspect of the Taiwan stock market is relatively weak, with foreign capital selling off, and attention needs to be paid to whether the short-term can fill the gap
The uncertainty added by U.S. President Trump's tariff variables has led to a decline in U.S. stocks. However, Taiwan's stock market opened strong today, rising over 100 points, with an early high of 22,256.48 points, up 185.39 points, followed by a fluctuating trend.
The leading stock, Taiwan Semiconductor, rebounded, reaching a morning high of NT$985, up NT$14, an increase of 1.44%. Electronic heavyweight stocks such as Hon Hai, MediaTek, and ASE Technology also saw slight gains, while AI concept stocks like Quanta and Wistron experienced minor increases, with Wistron rising over 2%.
Local securities firms analyze that the technical aspect of Taiwan's stock market is relatively weak, with foreign investors selling in the spot market and an increase in net short positions in Taiwan index futures. The reduction in margin financing is insufficient, and the overall sentiment remains weak. Observers are watching whether Taiwan's stocks can fill the gap in the short term
