TSMC Weakens, Funds Shift to Robotics and Memory; Taiwan Stocks Rise 289 Points During Trading

(Central News Agency reporter He Hsiu-ling, Taipei, 11th) The Taiwan stock market fluctuated higher today, reaching a high of 41,893.85 points during trading, an increase of 289.91 points, with the index stabilizing above 41,800 points. King of equities, TSMC, fell by 35 yuan to 2,255 yuan. Market funds shifted to robotics and memory sectors, with related concept stocks performing brightly during trading.

As of 10:20 AM, the main index was at 41,832.29 points, up 228.35 points, with a transaction value of approximately NT$618.8 billion.

Other heavyweight stocks' performance during trading: Hon Hai rose 3 yuan to 253 yuan; MediaTek rose 120 yuan to 3,750 yuan; Delta Electronics rose 45 yuan to 2,245 yuan.

In the robotics concept stock sector, Hiwin Mikrosystem and Wellav Technologies both hit their daily limit up; Unimicron Technology and Hiwin Technologies both rose over 9%, and Apex Dynamics rose over 6%.

In the memory concept stock sector, Phison Electronics and Nanya Technology both hit their daily limit up; Winbond Electronics rose over 9%; Transcend Information and Elite Semiconductor Memory Technology both rose over 8%.

Senior analyst Jian Bo-yi stated that the Taiwan stock market maintained its upward trend today, but some profit-taking pressure emerged in early trading, causing some over-performing stocks to consolidate, which narrowed the overall market's gains. However, the OTC index rose significantly, and the number of rising stocks significantly outnumbered falling stocks during trading, indicating that the market's bullish sentiment remains unchanged.

Regarding whether the index will challenge the 42,000-point mark, he believes it depends on market sentiment and capital momentum. Currently, the market is leaning towards a high-level volatile consolidation pattern. (Editor: Yang Kai-hsiang) 1150511

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