Taiwan Stock Market Today

The Taiwan stock market closed higher today (16th) amidst fluctuations. The Taiex index ended up 141.39 points at 47,111.26, successfully reclaiming the 47,000-point mark. Today's market was characterized by 'large-cap stocks resting, small and mid-cap stocks showing strength.' The OTC index performed brilliantly, with transaction volume reaching NT$935.959 billion. 💡 Sector and Stock Highlights • TSMC Rests: Following its earnings call, market reaction was muted. TSMC (2330) closed down NT$20 at NT$2,420 today, suppressing the overall market's gains. • Small and Mid-Caps Surge: Funds flowed out of large-cap stocks and into small and mid-cap thematic stocks. The PCB, glass fiber cloth, and petrochemical sectors showed the strongest performance today. • Strong Gainers (Hitting Upper Limit): • Petrochemicals: Formosa Plastics (6505) hit the upper limit. • PCB/Flexible PCBs: Lwin-Sheng (3354), Taiflex Scientific (6269), Advanced Semiconductor Engineering (4939), and Taimide (8039) all hit the upper limit. • Glass Fiber Cloth: Fu-Chiao (1815) surged to the upper limit with massive volume. Overall, while the market leader TSMC is undergoing a short-term correction, the market excluding TSMC rose over 1.1%, indicating that bullish sentiment remains strong. Small and mid-cap stocks are taking the lead and showing lively activity.