Affected by the sudden increase in systemic risks in the global stock market caused by European and American banks, Taiwan stocks gapped down yesterday (16). Both TSMC and Largan’s ex-dividend market failed, and financial stocks became the hardest hit. However, the four major US stock indexes all opened lower on Thursday. Go high and close red,stageThe night market also turned red and rose 115 points. The legal person believes that although Taiwan stocks are difficult to get rid of in the short term, the annual and seasonal lines of the lower gear will be relatively supported.
The focus of the international stock market, after the European Central Bank announced a hawkish 2-point rate hike on Thursday, expectations for a 1-point rate hike by the Federal Reserve revived, and U.S. bond yields climbed. The Swiss National Bank has borrowed US$53.7 billion. In addition, 11 large US banks also announced to inject US$30 billion into First Republic Bank in late trading, leading to a strong rebound in banking stocks.
Observe the closing performance of the four major US stock indexes on the 16th,Philadelphia SemiconductorThe index rose 120.68 points, or 4.05%, to close at 3098.07 points,NasdaqThe index also rose 283.23 points, or 2.48%, to close at 11717.28 points,Dow Jones Index、S&P 500 IndexBoth rose by more than 1%. The ADR of Taiwan stocks rose simultaneously. The ADR of TSMC rose by nearly 2%, and the ADR of UMC rose by more than 4%.
Disk focus cover, following the collapse of Silicon Valley Bank (SVB), Credit Suisse also suffered a thunderstorm. The outside world continues to pay attention to the exposure of banking, insurance, securities and other financial industries to Credit Suisse. The Financial Supervisory Commission released statistics on the 16th. The three industries plus the investment exposure of Chinese people is nearly 230 billion yuan, but it is emphasized that the relevant exposure is within the controllable range.
Zhang Zhongmou, founder of TSMC, the leading wafer foundry, attended the event and said that the semiconductor supply chain will be polarized between China and other countries. With the death of globalization and the death of free trade, the growth of the chip industry will stop or slow down , into a completely different new game.
In addition, the increase in electricity prices is imminent. Today, the Ministry of Economic Affairs plans to hold a meeting on the electricity price rates of the public electricity sales industry in the first half of 2012. Electricity charges for electricity, commerce, industry, etc. will all be raised, with an average increase of more than 10%. However, considering the impact on prices, households and small shops below a certain degree may not adjust.
Sinosteel also released prices for April and the second quarter yesterday. As the traditional peak season of the steel market enters, the demand for steel is strong. Considering the high cost of raw materials for steelmaking, the risk of international exchange rate fluctuations, and the rise in import quotations, the April monthly The price of products in the market rose by 800-1,000 yuan per metric ton, and that in the quarterly market rose by 1,500-2,000 yuan.