Last Friday, the Taiwan stock market surged by 393 points, boosting market confidence. Foreign investors turned back to buying, netting NT$21.3 billion, with a strong performance seen in financial and major stocks. However, shipping and airline stocks faced significant sell-offs.

With the rise in expectations for a Federal Reserve interest rate cut, the major US indices also saw consecutive gains, and the Taiwan stock market followed suit, closing at 19,872 points with a trading volume of NT$287.5 billion. Notably, Taiwan Shin Kong Financial (2887) and Winbond Electronics (2344) attracted substantial foreign buying.

Conversely, China Airlines (2610) topped the sell-off list with a net sell of 14,142 shares, and Evergreen Marine (2618) followed with 6,202 shares sold, reflecting a cautious sentiment in the shipping sector.

This disparity highlights a market viewpoint focused on financial and electronic major stocks, while cyclical sectors like airlines and shipping continue to face adjustments.