Taiwan Stock Market Performance Today

The Taiwan stock market (30th) opened higher and fluctuated, closing up 308.17 points at 47,940.13, a gain of 0.65%, with a significant increase in trading volume to NT$875.673 billion. Although the market successfully closed in the green today, shaking off the gloom of yesterday's sharp decline below the 5-day moving average, it reached a high of 48,379.71 points intraday before being rapidly pulled down by selling pressure at the end of the session. Ultimately, it failed to hold the 48,000-point level and the 3-day moving average, indicating that technical adjustment selling pressure at high levels remains heavy. Key Market Performers Today • Glass Substrate Concept Stocks: Fueled by reports that NVIDIA is planning to adopt related solutions, major manufacturers like AUO, Innolux, and TPK Holdings surged to the daily limit. • Traditional Industries: Led by the Formosa Plastics Group, the sector showed bullish momentum. Additionally, oil, gas, and electricity stocks (e.g., Shinkong) and stainless steel stocks (benefiting from price increases) also performed relatively strongly today. • Semiconductor Supply Chain: TSMC's supply chain and ASIC (Application-Specific Integrated Circuit) groups continue to attract market funds. Outlook for the Future Institutions and analysts point out that although short-term fund rotation is very rapid, and the market still needs to closely monitor changes in US Treasury yields and the Federal Reserve's interest rate path, with the mass production of NVIDIA's new generation AI platform (Vera Rubin) approaching in the fourth quarter, coupled with the year-end election bonus in both Taiwan and the US, most market institutions hold an optimistic attitude, even expecting the fourth quarter to challenge historical highs between 50,000 and 53,000 points.