Taiwan Stocks Intraday》 Largan, finance, and shipping bucked the trend and surged, with the index jumping over 500 points
Quick Look
- Taiwan stocks opened on Monday, dragged down by the drop in TSMC's ADR, and the index once plummeted by more than 500 points.
- However, Largan, financial and shipping stocks bucked the trend and rebounded, driving the index to jump by more than 500 points, recovering most of the lost ground.
- Most of the major U.S. stock indexes rose, with half of the index falling.
AI-generated summary
Why It Matters
The market focused on this week's inflation data and the third-quarter earnings season. Most of the major U.S. stock indexes rose last Friday, but Feihan and TSMC's ADR fell, which affected the opening trend of Taiwanese stocks.
Largan Guang, finance, and shipping bucked the trend and surged, with the index sharply pulling over 500 points. (File photo)
[Financial Channel/Comprehensive Report] The market has turned its attention to the inflation data to be released this week and the third quarter financial reporting season. The four major U.S. stock indexes rose more or less than fell last Friday, only falling 0.41%, while TSMC ADR fell 1.02%. Affected by this, Taiwanese stocks fell sharply at the opening of TSMC on Monday. The index opened down 41.36 points and opened at 49272.08 points. , electronic stocks such as silicon wafers, memory, IC design, panels, and AI opened lower, and the index opened lower, down 545 points, with a backtest of 48,768 points. Fortunately, optoelectronics such as Largan Optoelectronics, Yujing Optoelectronics, and transmission industries such as shipping, rubber, and cement were ignited by buying orders in financial stocks. The index pulled sharply all the way, and was once close to flat. At midday, the index fell by about 100 points, and stayed above 49,000.
The Dow Jones Industrial Average rose 423.31 points, or 0.83%, to close at 51,654.95 points.
Please read on...
The S&P 500 index rose 46.18 points, or 0.59%, to close at 7811.54 points.
The Nasdaq Composite Index rose 172.83 points, or 0.64%, to close at 27366.17 points.
The Philadelphia Semiconductor Index fell 51.29 points or 0.41% to close at 12572.42 points.
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What to Watch
AI outlook — possibilities, not facts
Taiwan stocks will maintain a volatile consolidation pattern before the release of inflation data
Likely · Within days
Open Questions
- Will the inflation data be in line with market expectations?
- Can Largan's upward momentum be sustained?
- Will shipping stocks be further boosted by global trade trends?







