(CNA reporter Wu Chia-hao, Taipei, January 11) The Taiwan stock market fell 76.08 points today, closing at 43,149.46 points. Foreign and mainland Chinese investors sold a net NT$3.5779 billion in stocks, marking the sixth consecutive trading day of net selling. Over the six-day period, the total net sell reached NT$473.1 billion, primarily involving adjustments in active ETFs (exchange-traded funds) and market-cap-based ETFs. The 'Uni-President Upgraded 50' (00403A) saw the largest net sell at 132,600 lots, while investors simultaneously bought 50,100 lots of United Microelectronics Corporation (UMC).

Amid sharply increased geopolitical risks between the U.S. and Iran, the Taiwan stock market plunged over 1,200 points in early trading. However, strong buying interest in active ETFs and AI-related stocks helped narrow the losses. The weighted index closed at 43,149.46 points, down 76.08 points, or 0.18%, leaving a long lower shadow of 1,143 points.

The three major institutional investors collectively sold a net NT$3.5391 billion. Domestic dealers sold a net NT$1.24 billion, marking their sixth consecutive day of net selling. Investment trusts bought a net NT$1.2788 billion, extending their streak to ten consecutive days of net buying. Foreign and mainland investors sold a net NT$3.5779 billion, the sixth consecutive day of net selling.

The 'Uni-President Upgraded 50' saw a record-breaking trading volume of over 760,000 lots today. Heavily weighted in major AI supply chain companies such as TSMC, Delta Electronics, and MediaTek, it became the primary target for foreign investors reducing their exposure to Taiwan's tech sector, suffering a net sell of 132,600 lots, the highest among all stocks. The 'Yuanta Taiwan 50' (0050) ranked second with 91,800 lots sold, followed by Cathay Financial Trust, which was sold 81,400 lots.

Other stocks in the top ten net sell list by foreign investors include Yuanta Taiwan 50 Bull 2X (00631L), Far Eastern New Century, China Steel, Yageo, Fubon Financial, Kaiji Taiwan TOP 50 (009816), and Quanta Computer.

At the same time, foreign investors shifted toward defensive asset allocation, heavily buying 50,100 lots of UMC, a mature-process wafer foundry with a low stock price base and high dividend yield, making it the top net buy.

Other stocks in the top ten net buy list were primarily from the panel, shipping, financial, and telecom sectors, including Innolux, Yang Ming Marine Transport, First Financial Holding, Fuhua FTSE Real Estate (00712), Active China Securities ARK Innovation (00983A), SinoPac Financial, Active Yuanta AI New Economy (00990A), Taiwan Mobile, and Changhua Commercial Bank. (Editor: Yang Kai-xiang) 1150611

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  • Source: CNA (Central News Agency)
  • Category: Taiwan
  • Products / services: ETF