Taiwan Stocks Fluctuate Around 42,000 Points; Electronics Strong, ASE Hits Daily Limit

The Taiwan stock market opened higher today and continued to climb, reaching 42,095 points in early trading, nearing the historical high of 42,408 points. During the session, the index fluctuated around 42,000 points. ASE hit the daily limit, MediaTek surged over 6%, and silicon photonics (CPO) and memory stocks performed strongly. Around 11:00 AM, the weighted index was at 41,963 points, up 595 points, with a turnover of approximately NT$780.2 billion. The electronics sector index rose 1.56%, the financial sector index fell 0.2%, and the OTC index, representing small and medium-sized stocks, rose 3%. Looking at heavyweight stocks, TSMC rose NT$10 to NT$2,240, a 0.4% increase; Hon Hai rose NT$3 to NT$250.5, up about 1%; MediaTek rose NT$240 to NT$3,790, up over 6%; and Delta Electronics rose NT$45 to NT$2,075, up 2.2%. ASE hit the daily limit of NT$561. Among silicon photonics (CPO) stocks, VPEC and LuxNet hit the daily limit; OptiWorks rose over 8%, Accton-KY rose over 7%, and both Ligitek and Materials Analysis Technology rose over 7%. Memory stocks also performed strongly, with Elite Semiconductor and Winbond hitting the daily limit; AP Memory rose over 9% after touching the limit; Nanya Technology rose over 8%; and Macronix and Powerchip Semiconductor rose over 7%. Senior securities analyst Chien Po-yi stated that the Taiwan stock market has rebounded strongly recently, successfully returning to the monthly line of approximately 40,744 points. The OTC index has also recovered, and the number of stocks hitting the daily limit has increased, which, combined with the strengthening KD and RSI indicators, shows that market confidence is gradually recovering. Regarding operational strategy, he pointed out that as long as the index can hold above the monthly line, investors should maintain a bullish attitude, and small and medium-sized stocks still have room to perform.