Taiwan Stock Market Performance Today

Today (24th), the Taiwan Weighted Index opened lower and continued to decline, closing at 48,024.60 points, down 132.69 points (or 0.28%), with a turnover of NT$738.243 billion. Affected by the record high US bond yields and pre-holiday profit-taking, the market closed in the red but successfully held the 48,000 mark. 🔍 Key Market Focus Strong Sectors Breaking Through: PCB/ABF Substrate Sector: Driven by strong AI chip demand leading to a supply-demand imbalance in substrate capacity, Jingshuo (景碩) once hit the daily limit, reaching a new historical high. Lianmao (聯茂) and Teng Hsin Electronic-KY (騰輝電子-KY) also surged to the daily limit. Cooling Solutions Sector: The trend of upgrading water-cooling plates is accelerating. Shuanghong (雙鴻) surged to the daily limit and a new high. Jiancai (健策) rose nearly 8% against the trend, and Qihong (奇鋐) also hit a record high. Traditional Industries: Plastics were the strongest performers, up 3.6%. Glass and ceramics rose 1.61%. Steel stocks also saw some individual stock rallies, with Chang Yuan (彰源) hitting the daily limit. 💡 Market Interpretation: Last night's pullback in US stocks was mainly due to the US 10-year Treasury yield re-crossing the 5.1% mark, suppressing the performance of high-valuation tech stocks. Coupled with the pre-Mid-Autumn Festival holiday effect, market funds are undergoing a new round of portfolio adjustments. However, overall, the industry fundamentals remain unchanged, and funds are still actively positioning in high-visibility sectors like AI liquid cooling and substrates.