Attention investors! The Taiwan Index futures rebounded in night trading, rising 646 points to regain the 40,000-point mark.

The Taiwan Index futures rebounded in overnight trading today, rising 646 points to close at 40,298 points, arousing investors' attention. Schematic diagram. (File photo)

[Financial Channel/Comprehensive Report] The Taiwan stock market crashed 3,737.67 points on Friday (6th), setting a record, and ended up plunging 1,873.08 points to close at 39,701.64 points. If we estimate based on the historical high of 49,968 points on October 6, the market will drop within a month. The mid-to-low dropped to 37,837 points, falling 12,131 points. The market expected the government to take measures to protect the market. National Security Fund announced that it would enter the market to protect the market next Monday (9th). In response, the Taiwan Index futures rose 646 points in night trading, closing at 40,298 points, regaining the 40,000-point mark.

The National Security Fund held an extraordinary meeting on Friday afternoon. Taking into account the continued overselling of foreign capital, the obvious lack of market investment confidence, and the still high uncertainty of the international political and economic situation, it was decided to authorize the implementation of market stabilization tasks from next Monday.

Guoan Fund explained that Taiwan stocks fell a total of 5,510 points this week, with a low of 37,837 points yesterday and a closing of 39,701 points, down 20.55% from this year's high of 49,968 points. Taiwan stocks fell 12.19% this week, second only to Fei Ban, who fell 15.7%. In October, foreign investors sold more than 994.3 billion yuan, the highest in a single month in history. So far in November, sales have exceeded 524.4 billion yuan, deepening the decline of Taiwan stocks.

Guoan Fund said that the fundamentals of my country's economy are good, but Taiwan's stocks are dominated by high-tech stocks, which are closely linked to consumer prices, resulting in simultaneous declines in Taiwan's stocks and a clear lack of short-term market confidence. This is in line with "major domestic and foreign events and large movements of international funds, which have significantly affected public confidence, causing disorder in the capital market and other financial markets or threatening national stability." Therefore, the decision was made to authorize entry.

Despite being encouraged by the market protection measures, the Taiwan Index futures faced a battle between long and short in the night trading. After opening red, it turned black. It once dropped more than 500 points, and then turned red again. The trend was like a sanitizer, and finally closed at 40,298 points, up 646 points, or 1.63%.

In addition, the small Taiwan index futures closed at 40287 points, up 635 points. The Micro-Taiwan Index futures closed at 40,270 points, up 618 points. The electronic period closed at 2461.05 points, up 36.8 points.

TSMC futures closed at 2173 points, up 40 points.