Finance Center / Reported by Wang Guodong

The Taiwan stock market failed to extend yesterday's gains, dropping 160.33 points today to close at 19,478.81 points, a decline of 0.82% with a trading value of 241.1 billion NTD. Despite U.S. President Trump expressing goodwill by stating he had no intention to dismiss Fed Chairman Powell and suggesting potential tariff reductions on China ranging from 50% to 65%, market sentiment remained bearish, with foreign investors continuing to sell off, further dragging down the performance of the Taiwan market.

After purchasing for a day, foreign investors turned around and sold 6.21 billion NTD today, while proprietary traders adjusted by 3.58 billion NTD. In contrast, investment trusts experienced a net buy of 1.94 billion NTD, leading to a total net sell of 7.85 billion NTD among the three main institutional investors, indicating that market confidence has not fully recovered.

Today's top five stocks sold off were United Microelectronics Corporation (2303), Hon Hai Precision Industry Co., Ltd. (2317), Yuanta Financial Holding Co., Ltd. (2884), Innolux Corporation (3481), and AU Optronics Corporation (2409). United Microelectronics saw a sell-off of 15,866 shares, declining by 1.70 NTD to close at 43.40 NTD, a drop of 3.77%. Hon Hai was also heavily sold with 10,036 shares offloaded, closing at 136.50 NTD, down 1.80%. Additionally, Innolux and AU Optronics, both major players in the panel industry, saw declines of 1.39% and 2.82%, respectively.

In contrast, stocks with foreign net buys included Nanya Technology Corporation (2408), Shin Kong Financial Holding Co., Ltd. (2888), Taiwan Semiconductor Manufacturing Company (2330), Wan Hai Lines Ltd. (2615), and Xinguang Construction Co., Ltd. (3264), with Nanya Technology leading the net buy at 11,371 shares, although its stock price still fell by 1.20 NTD to 37.40 NTD, a 3.11% decline. Taiwan Semiconductor received a net buy of 4,125 shares, but its stock price also fell by 9 NTD to 864 NTD, down 1.03%, contributing to overall market pressure. Wan Hai posted a slight increase of 0.20 NTD, closing at 81.80 NTD, up 0.25%. Xinguang performed the best, rising by 4 NTD to 74 NTD, up 5.71%, becoming a focal point of today’s market.

While there were positive signals from Trump, electronic weighted stocks continued to be adjusted by foreign investors, dragging down the index performance. Analyst Zhou Jingxiang noted that the Taiwan stock market's high opening followed by a retreat erased many stocks' gains from yesterday's long green candlestick. This scenario reminds investors to closely observe foreign inflow trends and international news changes in the short term.

Notice: The content is for reference only; investors should carefully assess risks and be responsible for their investment outcomes.