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BackTaiwan stocks hit new highs, but foreign investors dumped them! AUO's huge sales volume of 960,000 dropped 3.46%
Taiwan stocks hit new highs, but foreign investors dumped them! AUO's huge sales volume of 960,000 dropped 3.46%
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自由时报58 minutes agoBusiness1 min readChinaView original

Taiwan stocks hit new highs, but foreign investors dumped them! AUO's huge sales volume of 960,000 dropped 3.46%

Quick Look

  • Taiwan stocks hit a new high of 49,712 points on Monday, led by TSMC.
  • Although foreign investors bought more than 71.897 billion yuan, they cut 212,100 positions in AUO.
  • With legal persons jointly dumping 234,100 contracts, AUO's stock price opened higher and then fell, falling 3.46% to close at 39.05 yuan, with a huge trading volume of 965,000 contracts.

AI-generated summary

Why It Matters

Taiwan stocks hit a record high on Monday, led by TSMC.

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Foreign investors and self-operated traders sold 234,100 tickets, and AUO dropped 3.46% with a huge volume of 960,000 tickets. (File photo)

[Financial Channel/Comprehensive Report] On Monday (5th), the Taiwan stock market was led by the surge in electronic stocks led by TSMC, the guardian of the country. The futures index once exceeded 50,000 points and rushed to 50,097 points. Inspired by this, the market index also soared, once reaching 49,770 points. Finally, TSMC closed at 2,575 yuan. The index rose by 1,236 points and closed at a new high of 49,712 points. Although foreign investors were overbuyers. 71.897 billion yuan, but went on a killing spree against AUO, which has more than 590,000 shareholders. It cut off 212,100 tickets as soon as it was sold. Not only foreign investors cut off, but self-operated dealers also sold more than 22,000 tickets. Foreign investors and self-operated dealers jointly sold 234,100 tickets. The stock price opened high but fell low. It ended up falling 3.46% to close at 39.05 yuan. The trading volume exploded to a huge 965,000 tickets.

The top 10 stocks sold by foreign investors on Monday were AUO (2409) with 212,135 shares, UMC (2303) with 81,562 shares, Caijing (6116) with 27,574 shares, Compal (2324) with 25,066 shares, and Bank of Taichung (2812) with 1 19,205, Sinopec (1314) 19,051, Taiwan Enterprise Bank (2834) 17,675, Power Semiconductor (6770) 15,614, Yageo* (2327) 12,365, and Taiwan Cement (1101) 11,976.

Open Questions

  • Why are foreign investors selling AUO shares in large quantities?

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This article was originally published by 自由时报.

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