The financial and insurance index soared 7% in a single week, and Jin Holdings started to make up for the increase.

The financial stock group's stock price is "glorious"! The legal person stated that due to high-end fluctuations in electronic stocks and rising geopolitical risk aversion, funds have shifted to financial stocks, thereby pushing up the listed financial index. Last Friday (4th), the financial insurance index closed at 3522.36 points, a weekly increase of 7.34%. In this regard, analysts pointed out that financial and insurance stocks have still lagged behind the broader market in terms of gains this year. In other words, financial stocks still have room to make up for their gains.

Statistics show that as of September 4 this year, Taiwan's stock market has risen by as much as 60.72%, ranking the "fourth strongest" in global stock market growth. Although Taiwan's stock market has performed unstoppably and the index has repeatedly set new highs, however, if further inspection is carried out, the financial and insurance index has risen by 47.11% this year, still lagging behind the broader market.

In this regard, the legal representative said that although the financial index has not risen more than the market since the beginning of this year, there is no doubt that financial stocks continue to play an important role in supporting the market; on the one hand, the current strong risk aversion atmosphere in the market, coupled with the excellent profits of the financial holding group this year, give investors confidence in the distribution of dividends next year; on the other hand, the repeated conflicts between the United States and Iran and the unknown status of the war have caused Taiwan stocks to continue to fluctuate at a high level, making financial stocks a safe haven for "domestic and domestic capital".

The recent stock price performance of financial stocks has been dazzling. According to statistics, a total of five gold holdings hit record highs last week, namely Fubon Gold (2881), Yushan Gold (2884), Sino-Fung Gold (2890), Taishin Shin Kong Gold (2887) and Kai Fund (2883).

At the same time, financial stocks have also become the focus of this wave of market buying. According to statistics, among the top ten over-bought lots by foreign investors last week, First Gold (2892) bought a total of 83,231 lots, ranking second; Mega Gold (2886) bought over-lots. Taishin Shin Kong Gold bought over 62,965 tickets, ranking fourth; Taishin Shin Kong Gold bought more than 62,965 tickets, ranking fifth; the others were, in order, Heku Gold's 62,576 tickets, Kai Fund's 57,592 tickets, and Taichung Bank's 54,208 tickets.