Taiwan stock market overturns! TSMC leads 1,347 companies to sell down, and the index closes down 960 points
Quick Look
- Affected by the decline in U.S. technology stocks, Taiwanese stocks fell sharply at the opening on Tuesday.
- TSMC led the way and led to a comprehensive decline in electronic stocks.
- It fell more than 1,200 points during the session.
AI-generated summary
Why It Matters
U.S. technology stocks fell on Monday, with the Fed Semiconductor Index falling 2.67%, driving Asian stock markets to open lower on Tuesday. Taiwanese stocks opened lower due to the impact of TSMC's plunge.
[Financial Channel/Comprehensive Report] Affected by the rise in oil prices and the decline in technology stocks, only the Dow Jones closed in the red on Monday, while the rest all closed in the black. Among them, the index fell 2.67% the worst. Encouraged by this, Asian stocks followed suit on Tuesday. The Korean stock market opened lower and fell 4.71%, while the Nikkei plunged 1,572 points, breaking through 68,000. Taiwan stocks fell 40 yuan at the opening of TSMC, and the index opened down 175.69 points, opening at 49,126.27 points.
After the wafer duo led the decline, silicon wafer, memory, IC design, silicon intellectual property, ABF carrier board, panel, AI and other electronic stocks followed suit and fell. In addition, financial and communication stocks also fell. Under the green market, the index opened lower, once falling 1235 points, and backtested 4806 At 6 o'clock, fortunately, buying orders for financial stocks and plastics, food, plastics, shipping, oil, electricity and gas stocks were ignited. Against the trend, the index decline converged. At the end, 1,347 listed counters fell, and the index fell 960.65 points to close at 48,341.31 points, with a trading volume of 1.12 trillion.
Among the top 10 largest trading companies, only Nanya bucked the trend and closed in the red, while the rest were in the green. TSMC fell 50 yuan to close at 2,490 yuan, with a turnover of 85.968 billion yuan, ranking first; Nanya fell 39 yuan to close at 488 yuan, with a turnover of 44.832 billion yuan, ranking second; Nanya rose 16 yuan, closing at 319 yuan, with a turnover of 37.5 billion yuan, ranking third; Largan Light fell by 50 yuan, closing at 7,275 yuan, with a turnover of 37.068 billion yuan, ranking fourth; Yageo* fell by 37 yuan, closing at 599 yuan, with a turnover of 34.404 billion yuan, ranking fifth.
MediaTek fell 100 yuan, closing at 4,525 yuan, with a turnover of 29.611 billion yuan, ranking 6th; Taiwan Optoelectronics fell 605 yuan, with a turnover of 5,545 yuan, ranking 7th with a turnover of 23.34 billion yuan; Delta Electronics fell 125 yuan, closing at 1,775 yuan , with a turnover of 22.087 billion yuan, ranking 8th; Shixin-KY fell by 340 yuan, closing at 21.146 billion yuan, ranking 9th; Winbond dropped 12.5 yuan, closing at 161.5 yuan, with a turnover of 19.494 billion yuan, ranking 10th.
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What to Watch
AI outlook — possibilities, not facts
In the short term, Taiwan stocks may still be affected by the trend of U.S. technology stocks and fluctuate.
Likely · Within days
Financial and technology stocks may continue to provide support and prevent further sharp declines in the index
Possible · Within days
Open Questions
- Will Taiwanese stocks gain support from more buying of stocks in the future?
- Will the downtrend in electronics stocks continue?
- How will the subsequent trend of US stocks affect Taiwan stocks?
