(Taipei, June 22, by reporter Tseng Jen-kai) TSMC's stock price surged to NT$2,510 today, leading Taiwan's stock market to open and close higher. The weighted index closed up 1,276.31 points at 47,741.51, marking the 8th largest closing gain in Taiwan stock market history. Total trading value reached approximately NT$1.4436 trillion. According to Taiwan Stock Exchange data, the three major institutional investors collectively bought NT$70.9 billion.
Analyzing institutional trading activities, foreign investors and mainland capital (excluding foreign proprietary traders) bought NT$68.46 billion today, marking their second consecutive day of net buying and the 9th largest single-day foreign buy volume on record. Domestic dealers also bought NT$12.1 billion, while investment trusts sold NT$9.66 billion.
In individual stocks, the top three foreign buy targets were Yuanta Taiwan Stock Growth ETF (00981A) with 84,983 lots, Taiwan Glass with 55,470 lots, and China Steel with 44,581 lots.
On the sell side, foreign investors sold 117,423 lots of Innolux, 103,086 lots of Winbond Electronics, and 41,538 lots of Fubon Taiwan Stock Dragon ETF (00405A).
Senior analyst Tsai Ming-han noted that Taiwan's market is undergoing healthy rotation. Earlier, while TSMC paused, undervalued sectors like financials led the rally. Today, TSMC rebounded strongly, driving semiconductor and AI-related stocks higher, pushing the market to another record high.
Tsai believes TSMC had lagged behind the broader market recently, but today's catch-up rally positions it well. With TSMC's earnings call scheduled for mid-July, it could continue to lead the market upward. (Edited by Yang Kai-hsiang) 1150622
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- Source: CNA (Central News Agency)
- Category: Taiwan
- Products / services: 00981A / 00405A