News / Taiwan / cnyes
Taiwan Stocks Retreat 220 Points as TSMC Holds Steady; Memory and Financial Sectors Attract Buying
Electronic Technology · Semiconductors · cnyes · 2026-09-09
The Taiwan Stock Exchange index fell 220 points in a volatile session, with TSMC providing support while profit-taking hit robotics and component stocks.
What Happened
Market Overview: The Taiwan stock market experienced a volatile session, opening higher before succumbing to profit-taking and selling pressure, ultimately closing down 220.49 points at 47,105.78. Trading volume remained high as the index retreated from its intraday highs, reflecting a cautious sentiment near short-term moving averages.
Strong Sectors: The memory industry saw gains as AI server demand tightened supply for HBM and DDR5, driving contract prices higher and boosting stocks like Nanya Technology and Winbond. Meanwhile, the financial sector attracted defensive capital due to strong earnings and high dividend yields, with major players like E.Sun Financial and Mega Financial showing resilience.
Weak Performers: Robotics and bearing stocks faced significant profit-taking after recent rallies, leading to pullbacks in companies like AirTAC International and Hiwin Technologies. Passive component manufacturers also struggled as broad market selling pressure weighed on names such as Yageo and Walsin Technology, indicating a shift toward risk mitigation.
Institutional Activity: Institutional investors were net sellers in the main market, with a notable divergence between foreign investors and domestic investment trusts. While foreign capital showed interest in large-cap stocks, domestic trusts were active in supporting the OTC market, highlighting a split in strategic positioning between local and international players.