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15 Resilient Stocks Defy Market Sell-off Amid Institutional Buying
economic_daily · 2026-10-16
Despite a 4.4% drop in the Taiwan stock market this week, 15 stocks have shown strong resilience due to solid September earnings and positive Q4 outlooks.
What Happened
Market Volatility: The Taiwan stock market faced significant pressure this week, with the index falling 4.4% as foreign investors and institutional funds offloaded over NT$710 billion in shares.
Resilient Performers: Despite the broader market downturn, a select group of stocks has managed to attract institutional buying interest, demonstrating strong relative strength.
Key Drivers: These stocks, dubbed the "counter-wind squad," are supported by robust September revenue figures and optimistic guidance for the fourth quarter.
Future Outlook: Companies such as Surface Mount Technology, Evergreen Marine, and GSEO are well-positioned for future growth, backed by both favorable technical positioning and solid fundamentals.