The selling pressure is not only more than Taiwan stocks fell 363 points and closed at 13985 points, hitting a 19-month low | Anue Juheng

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After a one-day rebound, Taiwan stocks continued to bottom out today (6) days, and broke the 10,000 mark, making it the weakest among the major Asian stocks. The electronics group was sluggish, and the decline of financial and Formosa Plastics Group stocks gradually expanded, dragging down the weighted index to the end. It fell 363.69 points or 2.53%, closing at the lowest level of 13985.51 points, hitting a new closing low in 19 months, with a transaction value of 246.699 billion yuan.

The OTC index ended down 5.4 points or 3.12% at 167.78 points, with a turnover of 56.418 billion yuan. The total transaction value of listed cabinets was 303.117 billion yuan.

U.S. stocks Nasdaq and Feiban both rose on Tuesday, but TSMC ADR fell more than 1%, continuing to hit a new low in the band. TSMC was sold again today, and its stock price fell more than 2% to close at 435 yuan; It tumbled 4.5% to close at 37.15 yuan, the lowest closing point in more than 19 months.

In terms of other weighted stocks, MediaTek, Hon Hai, ASE Investment Holding, Quanta, Realtek, Novatek, etc. are all under heavy selling pressure; Silicon Power-KY shares are split into four, and trading will be suspended from today. Although Largan has fallen by more than 2 %, but still held the 1,700 yuan barrier and regained the throne of the stock market. After the stock, Xinhua fell 5%. However, defensive stocks such as Uni-President, Chunghwa Electric, and Taiwan University are still relatively supportive.

Financial stocks became the targets of bears today, and the intraday decline intensified. The two heroes Fubon Gold and Cathay Pacific Gold fell by more than 3%. CITIC Gold, Huanan Gold, Yuanta Gold, Yongfeng Gold, and Development Gold also fell by 2- 3%.

Shipping stocks were also unable to support the market. The stock price of Sanxiong Container fell by more than 2%. EVA Air, Yumin, Zhaiditong, and Farglory all fluctuated and fell. However, Huiyang-KY paid a dazzling transcript in the first half of the year. Today’s stock price Bucking the trend, it rose more than 1%.

The shares of Formosa Plastics Group were rumbling today. Nanya’s ex-dividend share price fell by more than 8% and ended at 67 yuan, falling into the predicament of discounted interest rates. Formosa Plastics also fell by more than 7% and fell below the 90 yuan mark. Formosa Plastics, Tai Sembcorp, Fumaco and others also fell 3-5%.

It is worth noting that some TV panel quotations have stopped falling in July, and the capacity control of panel factories has worked. Shuanghu’s share price rebounded strongly today. AUO once approached the price limit, reaching a maximum of 16.25 yuan. Innolux also rose by about 9% in early trading. , but lost to the broader market selling pressure in the end, and the gain was reduced to less than 1%.


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