Today (23rd), the Taiwan stock market made a strong rebound, buoyed by positive international news, with the weighted index skyrocketing by 845 points to close at 19,639 points, marking the second-largest increase in history. The trading volume reached NT$269.1 billion, and the OTC index also rose, regaining lost ground.

Foreign investors turned back, buying NT$26.37 billion worth of stocks, ending a streak of seven consecutive days of net selling. The three major institutional investors collectively bought NT$29.51 billion, significantly boosting market confidence and fueling a resurgence of bullish momentum.

Leading the purchases was semiconductor giant TSMC (2330), with net purchases of 17,523 lots, as its stock price jumped by NT$57, closing at NT$873, a rise of 6.99%. Following this, Hon Hai Precision (2317) saw net purchases of 14,433 lots and closed up NT$7 at NT$139, up by 5.30%, as the easing of US-China trade tensions allowed the market to bet on recovery in electronic weighted stocks.

ChipMOS Technologies (6770) saw foreign net purchases of 9,963 lots, with its stock price inching up NT$0.7 to NT$14.4, an increase of 5.11%. In the financial sector, Taishin Financial (2887) and CTBC Financial (2891) recorded net purchases of 9,907 lots and 9,265 lots, resulting in stock price increases of 1.94% and 1.54%, respectively.

On the other hand, in terms of net selling, Innolux (3481) faced significant foreign selling of 29,786 lots; despite a minor drop of NT$0.05 to NT$14.4, equivalent to a decrease of 0.35%, the large trading volume indicates capital is withdrawing from the panel sector. Nanya Technology (2408) also saw net sales of 25,092 lots, with the stock price dropping NT$0.75 to NT$38.6, a decline of 1.91%.

Recently, US Treasury Secretary Mnuchin released positive signals that the US-China trade impasse may ease, contributing to a global market rebound while the US market's significant gains propelled the Taiwan index upward. In the short term, although the rebound momentum is strong, investors should pay attention to developments in the US-China trade agreement, as well as market interpretations of Federal Reserve policies.