Affected by the news of the spread of the new Omicron variant virus, Taiwan stocks plunged 284 points last Friday, a total of 448 points in the past week, the weekly line ended with 7 red points and fell below the monthly line. As the US stock market plummeted, the panic index soared by more than 50% , The legal person pointed out that it is expected that the Taiwan stock market may open to a low response on Monday due to the continuous reaction, and once again test the semi-annual and quarterly support.
As Omicron may be more infectious than Delta, the market is worried that the vaccine may fail. Foreign capital withdrew 31 billion yuan from the centralized market on Friday, the largest single-day oversale in the past two months, while the investment letter showed 7 consecutive sales and self-employed sales. Over nearly 7 billion yuan is also the highest in the past two months, and the dynamics of domestic and foreign bargaining chips are not good for the short-term market.
Among them, the largest amount of foreign investment over the past week was TSMC’s 9.7 billion yuan (16,000), UMC’s 5.1 billion (81,000), Hon Hai 4.8 billion (45,000), China Airlines (73,000), and Fubon. Jin (26,000) and Cathay Pacific (31,000) both cost nearly 2 billion yuan, and EVA Air was also sold for 1.6 billion yuan (59 thousand). Obviously, it started with large-scale weight stocks and aviation stocks that were the first to bear the brunt of the epidemic. payment.
Last Friday, the Dow Jones plunged more than 1,000 points in intraday trading, and ended the session at 905 points, which was the worst performance this year, with a drop of 2.5%. The Nasdaq Index fell 2.2% and the Philadelphia Semiconductor Index fell 2.92%. Taiwan stocks have had a very unfavorable start in December. In particular, electronic stocks with high P/E ratios and subject stocks with high P/D ratios may be under more severe correction pressure.
The legal person believes that due to the experience of the panic collapse in March last year but the steady rise in the following months, coupled with the fact that countries around the world have already been intensively strengthening the coverage of vaccines, it does not rule out that the negative impact of the epidemic will be relatively blunt. At the same time, investors Concerned about the pressure of the United States to restart interest rate hikes next year, the market may also interpret that it is expected to be temporarily suspended. It is not ruled out that after the second half of the week, some buying orders will enter the market to take advantage of the dips and take advantage of the shortcomings, which will slightly stabilize the pressure of the heavy setback.
However, the legal person reminded that as confirmed cases of the Omicron variant virus have appeared in many European countries and Hong Kong, and there are no actual data that cause severe illness or vaccine protection, the uncertainty is still high, and the risk of rushing to catch up is high.
Yongfeng Investment Advisor further pointed out that starting this week, the United States has successively announced important economic data, such as the ISM manufacturing index and non-agricultural employment. It is another factor that continues to disrupt the market.
There are still many important legal lectures in China this week, including Delta, Yageo, Advantech, Meilu, Licheng, First Gold, Shinkong Gold, UMC, Jingce, Quanta, and Jingsus.
Yongfeng Investment Consulting believes that the emergence of new variant viruses will once again test the international stock market. Previously, after the global optimism that the vaccine injection, it is expected to usher in Back to normal, and variables have been added.
