Taiwan Stocks Hit Record High as TSMC Attracts $5.98 Billion, Foreign Investors' $51.3 Billion Shopping Spree Revealed

I just watched Taiwan's stock market absolutely crush it today (10th). The TAIEX index opened strong and kept climbing, finishing up a whopping 337.41 points (1.36%) to close at an all-time high of 25,192.59. The TWD strengthened alongside stocks, appreciating by 0.14 points and breaking back into the 30.2 range. Money is clearly flooding into this market like crazy!

TSMC (2330) played general for the bulls today, with shares blasting to a historic high of 1,230 TWD. The electronics sector followed its lead, providing the critical momentum for the market's surge.

The three major institutional investors collectively bought a net 56.422 billion TWD, with foreign investors contributing 47.624 billion TWD of that - the third-largest single-day buying amount this year! Even more impressive, this marks their 7th consecutive trading day as net buyers, amassing a total of 153.9 billion TWD during this period. Foreign money is clearly betting big on Taiwan's market outlook.

Looking at what foreigners are snapping up, their top ten targets span electronics, financials, and traditional industries. All purchased over 10,000 lots each, with Foxconn (2317) leading the pack at 42,860 lots. Wistron (3231) and Winbond (2344) followed with 25,038 and 21,888 lots respectively. Taishin Financial (2887) and TECO (1504), which has expanded into drone technologies, rounded out the top five.

Positions six through ten were: TSMC (2330), Sinopac Financial (2890), Hua Nan Financial (2880), Walsin (1605), and Unimicron (3037).

By purchase value, TSMC dominated with 17.949 billion TWD, followed by Foxconn and Wistron at 9.001 billion and 3.005 billion respectively. This clearly shows foreign capital is targeting heavyweights and AI concept stocks.

God, it's getting so hard to resist jumping in when I see this kind of action! Foreign money isn't stupid - they must know something we don't. But I wonder how long this rally can last before the inevitable correction hits...

This article represents the author's personal views only. Readers should not use this as investment advice. Before making any investment decisions, you should consult an independent financial advisor to ensure you understand the risks. CFDs are leveraged products and could result in the loss of all your capital. These products are not suitable for everyone, please invest carefully.