〈Taiwan stock market before the market〉U.S. stocks plummeted, hidden worries, let’s look at the monthly line support | Anue tycoon-Taiwan stock market trend

2023-09-07 00:24:09

Affected by the truce of weight stocks yesterday (6), Taiwan stocks fell 53.45 points to close at 16738.16 points, holding the 5-day moving average.The four major U.S. stock indexes all fell sharply this morning, with technology stocks as the focusNasdaq Composite IndexThe plunge of more than 1% may cause hidden worries for Taiwan stocks today, and we will first look at the monthly line support in the next file.

Foreign investors terminated consecutive purchases and resales of more than 8.05 billion yuan yesterday; invested in the centralized market and expanded their purchases by more than 3.902 billion yuan, the most since August 18. The 25 consecutive purchases equaled the fourth-longest consecutive purchase record in history, and the accumulated purchases totaled 66.89 billion yuan ; Self-employed traders sold over 4.19 billion yuan.

Panel stocks were hit hard by the downgrade of foreign investors, and AUO’s ADR listed on OTC US was also doomed today. It closed at US$5.43, down US$0.31, or 5.40%.

Hon Hai (2317-TW)’s AI business has exploded. Chairman Liu Yangwei said yesterday that the group’s main AI server production center—the factory in Wisconsin, the United States, is at full capacity. “Hon Hai’s operations in the fourth quarter will definitely be better than those in the third quarter.” Products will also come up, but whether the computer industry can return to its past prosperity remains to be seen. Whether Hon Hai’s stock price can reflect the bullish news today deserves attention.

Wafer foundry leader TSMC (2330-TW) Chairman Liu Deyin said yesterday (6) that the current shortage of advanced packaging CoWoS production capacity has led to a shortage of AI application chips, but it is expected that this is only a short-term phenomenon. Talking regarding whether to join the ranks of Arm, the leader in investing in silicon intellectual property (IP), Liu Deyin said that it is still under evaluation and is expected to be decided in one or two weeks.

Taiwan stocks are under the dual pressure of “Wanqi” and the quarterly line. In addition, Saudi Arabia and Russia have jointly cut production and pushed up oil prices. The market is worried that the Federal Reserve will prolong the period of maintaining high interest rates, and the 2-year US bond yield has exceeded 5%. , the movement of foreign funds may continue to remit, and the recent market lacks indicators to lead the group, and the trading volume cannot be enlarged. The performance of weight stocks bears the brunt of the performance. The next step is to see whether the monthly line has support.

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