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Taiwan Stocks Stall Near 50,000 Milestone as Institutional Investors Offload NT$21.2 Billion
Electronic Technology · Semiconductors · economic_daily · 2026-10-07
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The Taiwan Stock Exchange index closed slightly lower at 49,806.37 points on the 7th, as institutional selling pressure weighed on major tech stocks.
What Happened
Market Performance: The Taiwan stock market hovered near the 50,000-point mark on the 7th, closing at 49,806.37 points, down 0.03% with a turnover of NT$925.99 billion. Institutional investors were net sellers, offloading a total of NT$21.26 billion, reflecting a cautious sentiment among major market participants.
Tech Sector Weakness: Major technology stocks faced significant selling pressure, with TSMC closing flat and MediaTek hitting the daily limit down. Companies like Chuan Huc and Inari saw sharp declines after reporting double-digit monthly revenue drops, while even ASPEED, despite a slight revenue increase, fell over 6% as investors demanded higher growth.
Sector Rotation: Capital rotated into passive components and traditional industries, with companies like Walsin Technology and Yageo seeing gains. Ventec International Group hit the daily limit high after reporting record-breaking monthly revenue, signaling strong investor interest in companies with robust fundamental growth.
Traditional Industry Rally: The Formosa Plastics Group led the rally in traditional sectors, with Formosa Plastics hitting a two-year high and Formosa Petrochemical reaching a five-year peak. The glass and ceramics sector also surged, driven by a limit-up performance from Taiwan Glass, providing a buffer against the broader tech-led decline.