Taiwan stocks fell another 100 points at the opening, directly breaking the 17832-point support of the quarterly line. This is the first time since November 1 last year that the quarterly line has fallen below the level. The legal person said that the quarterly line represents the average investment cost position in the past quarter. The quarterly line has changed from upward to flat, and today’s direct break means that there are many signs of turning short. As U.S. stocks continue to fall, the local epidemic heats up, and the closing date counts down, in early trading, only epidemic prevention concept stocks and home placement stocks continued to strengthen, including shipping, finance, IC design, panel stocks, etc., and many maintained their stance below flat.
Investment consultants said that the U.S. Philadelphia Semiconductor Index and Nasdaq Index, led by technology stocks, have fallen by more than 10% since the beginning of this year, and the performance of Fangya stocks has plummeted, which will put pressure on the performance of Taiwan’s technology group. However, the short-term decline of U.S. stocks has the opportunity to brew a rebound. Investors should regard the rebound as an opportunity for a share swap operation, and wait for the opportunity to intervene in the financial report protection stocks that will announce profits after the Lunar New Year.
The three major legal persons sold a total of over 45.774 billion yuan in the centralized market on the previous trading day: foreign capital and mainland investment (excluding foreign-invested business operators) sold over 40.035 billion yuan, which was the fourth consecutive day underweight; Investment Trust bought over 3.231 billion yuan ; The self-operated hedging position sold over 5.362 billion yuan, and the self-operated trading was reduced by 3.606 billion yuan, with a total reduction of 8.97 billion yuan, and it was sold for more than 13 consecutive trading days.
The Dow Jones Industrial Average closed at 34,265.37 points in the previous trading day, down 450.03 points or -1.30%; the Nasdaq closed at 13,768.92 points, down 385.08 points, or 2.72%. Philadelphia Semiconductor ended the day down 1.72 percent to close at 3,434.79 points, down 59.96 points.
Further reading
Hon Hai Carnival Guo Taiming: This year is still a turbulent year full of opportunities