
Taiwanese stocks ended up down 960.65 points on Tuesday amid frenzied selling of over 165.342 billion yuan by foreign investors. Investment credit supported Taiwan stocks by buying more than 23.872 billion yuan. Among them, Formosa Plastics bought more than 15,100 shares, and the stock price soared to the limit.
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Taiwan stocks were sold wildly by foreign investors on Tuesday, exceeding 165.342 billion yuan, the third largest in history, and the index once plummeted 1,235 points.
Don’t be afraid if the Taiwan stock market plummets by 960 points! The investment bank bought 15,100 Formosa Plastics shares, and the stock price soared to the limit on heavy volume. (File photo)
On Tuesday (13th), Taiwan stocks were frantically sold by foreign investors for over NT$165.342 billion, the third largest in history. The index once plummeted 1,235 points, with a backtest of 48,066 points. Fortunately, buying orders in financial and investment sectors ignited, and the index's decline converged, ending with a decline of 960.65 points. Investment Trust, on the other hand, strongly supported Taiwan stocks, buying more than 23.872 billion yuan in large quantities, while Formosa Plastics became the biggest winner. Not only did it buy 14 times in a row, but it bought more than 15,100 contracts today. Encouraged by this, the stock price opened low and locked the daily limit, reaching 119 yuan, and the trading volume increased to 69,200 contracts.
The top 10 stocks to buy on Tuesday were Formosa Plastics (6505) with 15,100 shares, Formosa Plastics (1301) with 13,026 shares, CITIC Financial (2891) with 11,713 shares, Evergreen (2603) with 4,927 shares, and China Airlines (1301) with 11,713 shares. 2610) 4725, Wistron (3231) 3294, TSMC (2330) 2999, Uni-President (1216) 2561, Yuan Dajin (2885) 2338, Dacheng Steel (2027) 2232.

Taiwan stocks were sold wildly by foreign investors on Tuesday for more than 165.342 billion yuan, the third largest in history, and the index ended up falling 960.65 points. Power Semiconductor Manufacturing Co., Ltd., which has more than 640,000 shareholders, became the biggest sufferer. 97,800 shares were cut off by foreign investors, and its stock price plummeted 5.46% to close at 67.5 yuan.

Affected by the escalating situation in the Middle East and high U.S. bond yields, foreign investors sold Taiwan stocks for more than 165.3 billion yuan and remitted them in large quantities. As a result, the exchange rate of the New Taiwan dollar fell below the 32 yuan mark against the U.S. dollar, depreciating 1.9 cents to close at 32.085 yuan, a new low since June last year.

On Tuesday, Taiwan stocks were sold by foreign investors for 165.342 billion yuan, the third largest in history, and the index once plummeted 1,235 points. However, the decline converged under the ignition of financial and property buying. Among them, foreign investors bucked the trend and added 22,300 shares of Taishin Shin Kong Gold, holding on to the flat price of 43 yuan.

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Taiwan's stock index fell sharply during the session on Tuesday amid wild selling by foreign investors, ending with a loss of 960.65 points. Although the investment bank bought more than 23.872 billion yuan to support Taiwan stocks, it sold more than 33,100 Mega Gold contracts for six consecutive trading days. However, the stock price of Mega Gold bucked the trend and closed up 1.8% with the support of investors.