The Taiwanese stock market benefited today from foreign investors’ net purchases of NT$5.8 billion, successfully regaining the crucial 20,000-point threshold. The U.S. stock market rallied as Alphabet reported better-than-expected earnings, contributing to a fourth consecutive day of gains for technology stocks. Additionally, positive developments in U.S.-China negotiations eased market anxieties, leading to today’s rebound on the TAIEX. By the end of trading on the 28th, the weighted index surged by 161 points, closing at 20,034 points with a trading volume of NT$215.4 billion, indicating a recovery in market momentum.

All three major institutional investors were net buyers, with foreign investors purchasing a total of NT$5.87 billion. The total net buying from all institutions reached NT$7.76 billion, further solidifying the market’s position. Foreign investors focused on financial and electronic blue-chip stocks, with Chang Hwa Bank (2801) leading net purchases at 11,292 lots, seeing a 1.12% increase to NT$18.05. Taiwan Semiconductor Manufacturing Co. (2330) also saw a net purchase of 8,675 lots, with its stock rising NT$9 to close at NT$897, contributing nearly 100 points to the index's gain. Quanta Computer (2382), boosted by discussions surrounding AI servers, had 8,587 lots in net purchases, with a substantial increase of 4.26% to NT$245, becoming one of today’s highlights. Foxconn (2317) and Tatung Company (2371) saw net purchases of 4,905 lots and 4,653 lots, respectively, with Foxconn's stock up by 2.52% to NT$142.5, as optimism about its revenue performance continues.

On the sell-side, KGI Securities (2883) topped the list with net sales of 26,517 lots, with its stock dipping 0.93% to NT$15.9, potentially due to capital shifting towards other high-dividend stocks. China Trust Financial Holding Co. (2891) was also sold off with 15,090 lots but saw a counter-trend increase of 2.84%, closing at NT$38, showing strong demand from domestic investors.

In the electronics sector, Wistron (3037) faced heavy selling pressure, being net sold 7,748 lots but still managing a 2.92% increase to NT$95.3, with strong confidence remaining in high-end PCB demand. Fubon Financial (2881) and Winbond Electronics (2337) were also net sold 8,786 lots and 5,240 lots, respectively, with their stock prices experiencing slight declines. With supportive international factors and positive earnings reports, the TAIEX has successfully stabilized above the 20,000-point level, with financial and electronic blue-chip stocks at the forefront of market activity. However, foreign investors continue to adjust their positions on some financial and electronic stocks, maintaining a focus on large-cap and AI-related stocks. Investors are advised to monitor the developments in U.S.-China negotiations and future earnings performances of U.S. stocks, while flexibly adjusting investment strategies to respond to market volatility.