Taiwan Stock Market Waves as Foreign Investors Buy NT$15.7 Billion, Notable Stocks Gaining Attention!

Finance Center / Yguo Dong Reporting
Today, foreign investors recorded a net purchase of NT$15.7 billion, while the Taiwan stock market closed at 20,522.59 points, slightly down by 10.4 points, yet managed to stay above the 25,000 point level. Following nine consecutive days of gains in the US stock market, it experienced a pullback, making the market more cautious due to the upcoming Federal Reserve's policy meeting.
The top five stocks with net purchases today were Shin Kong Financial (2888), Wistron (3231), KGI Securities (2883), CTBC Financial (2891), and Cathay Financial (2882). Notably, Wistron saw a substantial increase of 19,933 shares traded and a remarkable jump of 5.31% to NT$109, driven by expectations of continuous expansion in the AI server business.
Shin Kong Financial ranked first with foreign investors purchasing 34,160 shares, yet its stock price remained flat at NT$11.2, creating a stark contrast. Meanwhile, the top five stocks sold by foreign investors included Fubon Financial (2881), China Airlines (2610), Shenyang (1316), Fubon Galaxy (1815), and Taishin Financial (2887).
The overall market appeared to be in a high-level consolidation phase, influenced by US stock market adjustments and the fluctuating exchange rate of the NT dollar. Analysts suggested that despite short-term pressures from international factors and technical adjustments, established large-cap stocks still attract funding. If the downtrend of the NT dollar can be confirmed, there is potential for further fund inflows. Investors should monitor AI concept stocks in the short run and consider medium to long-term investments in the financial sector, but remain vigilant regarding currency fluctuations and international interest rate risks to respond carefully to short-term volatility.