Taiwan Stock Market Update

Taiwan's stock market surged by 717.81 points (1.48%) to an intraday high of 49059.12 points today (14th), but the rally later eased. As of 11:22 AM, the index was up 643.76 points (1.33%) at 48985.07 points. Notably, memory chip makers, second-ranked Powerchip (2344) and Macronix (2337), advanced together, leading the sector's broad gains, while the top player Nanya Technology (2408) weakened against the trend. Memory stocks are celebrating with red wine! Is the big brother forgotten and shedding tears in the green? Observing the market, memory concept stocks performed brightly overall, with most stocks showing green. Among the advancing stocks, Powerchip (2344) rose by NT$5.5 (3.41%) to NT$167; Transcend (2451) rose by NT$4 (1.45%) to NT$280; Etron Technology (3006) rose by NT$4 (1.65%) to NT$246; ADATA Technology (3260) rose by NT$1 (0.28%) to NT$364; SPARKLE (4967) rose by NT$4 (1.52%) to NT$267; Powertech Technology (6239) rose by NT$3 (1.01%) to NT$299; Apacer (8271) rose by NT$3.5 (1.85%) to NT$193; SINO-AMERICAN SILICON PRODUCTS INC. (8277) rose by NT$0.3 (1.98%) to NT$15.45; Phison Electronics (8299) rose by NT$10 (0.51%) to NT$1975; and Macronix (2337) rose by NT$3.5 (3.29%) to NT$110.