【Times-Taipei Electric Power】The FED played “hawk” once more, and the U.S. stocks plummeted overnight! Taiwan stocks are not afraid of the air force. After a day of reaction to the disastrous defeat of the ruling party in the nine-in-one general election, the mainland and Hong Kong stocks surged 152 points today, recovering the 5-day line, 14600 and 14700 points in a row. Today, foreign capital (excluding self-operated foreign investors) bought over 8.35158 billion yuan, invested and sold over 992.37 million yuan, self-employed traders bought over 1.67826 billion yuan, and the three major legal persons bought over 9.037 billion yuan. It was only a sad day following the general election. Foreign investors returned to the team and ended their 2 consecutive sales. Today, they bought more than 9.037 billion yuan, and the accumulated purchases this month exceeded 166.545 billion yuan. Tomorrow, Taiwan stocks will close on the monthly line, which coincides with the MSCI quarterly adjustment taking effect following the market close, which has attracted much attention from the market.
The U.S. stock market was slammed overnight by the “Eagle” claws. Taiwan stocks opened lower and fell by more than 100 points today. Control duo Cathay Pacific Gold (2882) and Fubon Gold (2881) turned red and rose, aviation duo EVA Air (2618) and China Airlines (2610) joined hands with Gaofei, and military industry and Netcom stocks were buoyant, pulling up the index all the way Going higher, the final weighted index closed at a relative high of 14709.64 points today, up 152.77 points, and the transaction value slightly enlarged to 213.611 billion yuan. The counter-buying market was relatively weak, closing down at 184.93 points, down 0.46 points, with a total turnover of 63.317 billion yuan.
In terms of the performance of weight stocks, semiconductor duo TSMC (2330) and MediaTek (2454) turned red and closed up more than 1%, Delta (2308), Quanta (2382), Yageo (2327), Novatek (3034), AUO (2409), ASE Investment Holdings (3711), etc. followed suit, and Nanya Branch (2408), Unicom (3037), Nandian (8046), Realtek (2379), Silicon Power*-KY (6415), etc. Going down once morest the trend.
Financial stocks were led by Cathay Gold (2882), which rose more than 3%, Sanshang Life (2867), Fubon Gold (2881), Development Gold (2883), CITIC Gold (2891), Taishin Gold (2887), Mega Gold (2886) and others followed up with a strong rebound, pushing up the financial index to recover the half-year line, becoming a key player in stabilizing the market. Sinosteel (2002), Hetai Automobile (2207), Fengtai (9910) and others ignited and assisted simultaneously, while Formosa Plastics (1301) bucked the trend and closed in the dark and was relatively weak.
The ongoing war between Ukraine and Russia, coupled with the outbreak of the “blank paper revolution” in mainland China, military industry concept stocks are booming. Jinggang (1584), Baoyi (8222), and Jiayu (1417) have their daily limit locked. Netcom stocks are both holding military industry and low-orbit satellites. The theme buying is strong, Taiyang (2314), China Star (4979) light up the daily limit, Zhongda-KY (4977), Tongxin (6426), Skycom (3025) rose by more than half the limit, Taiwan Tong (8011), Jian Han (3062), Zhong Qi (2419) and other strong players.
Benefiting from the wave of unblocking and the return of passengers, shipping stocks acted as multi-party helmsmen. Taiwan Shipping (2208) and Hanxiang (2634) hit the daily limit with military-themed lights, and aviation duo EVA Air (2618) and China Airlines (2610) both A large number of more than 130,000 sheets were released, with a high rate of more than 7.5% and 5% respectively. The three container companies Evergreen (2603), Yang Ming (2609), and Wan Hai (2615) all rose by 2%. Bulk group Xinxing (2605), Yumin ( 2606), AVIC (2612), Huiyang-KY (2637) set sail happily.
Sightseeing stocks benefited from the lifting of the ban on masks in China starting in December. Canxinglv (2719), Dalue-KY (4804), Yadu (5703), Hanlai Cuisine (1268) lit their daily limit, Gourmet-KY (2723) .
The Taiwan stock market surged more than 2,000 points in the month before the election, an increase of more than 16%, which is the best performance in the past years. Analysts said that following the election is sorted out, there is still a chance to start the offensive once more. However, the short-term is still a high-end volatile pattern. It is necessary to pay attention to potential influencing factors such as external inflation, interest rate hikes by the Federal Reserve, and geopolitical risks. It is recommended to focus on long-term trending industries such as automotive, Internet, data centers, and high-efficiency computing and semiconductor industry.
This week’s major international financial events focus on the Fed’s economic Beige Book, the US non-agricultural employment report, and the Eurozone’s CPI. Fed Chairman Jerome Powell will also give a speech to affect the market outlook. In addition, MSCI’s quarterly adjustment will take effect following the market close tomorrow, preventing the late-market explosion, which is also related to the performance of the monthly line in November. In addition, considering that the end of the year is approaching, the market for credit investment and group accounting is expected to gradually increase, so you can pay attention to the performance of related groups. (Editor: Long Cailin)
