Taiwan stocks rose 1.01% in a single day today, once again taking the top spot in Asian stock markets.

(file photo)

[Reporter Wang Menglun/Taipei Report] Today (1st) is the first trading day of Taiwan stocks in February. Thanks to the incentives of the US stocks to receive red, the bulls have the upper hand. The closing index rose 154 points, or 1.01%, and won the Asian stocks. The top performance; if you look at it this year, Taiwan stocks are also second only to South Korea and Hong Kong, ranking third, sweeping away the haze of last year's downturn.

On Monday (30th) the year of the Golden Rabbit opened in Taiwan. Not only did it rise 560 points that day, it was the third largest single-day gain in history, with a daily gain of 3.76%.

Please read on...

Although the market closed 228 points lower on Tuesday (31st), the market bulls gathered again on Wednesday, and the final index rose 154 points. Compared with neighboring countries in Asia, Taiwan stocks rose by 1.01% in a single day and once again won the Asian market. The number one throne!

Will Taiwan stocks start a major counterattack this year?

In this regard, the director of investment consulting said that Taiwan stocks fell 22.40% last year, ranking "third from bottom" in Asian stocks (only winning South Korea and Vietnam). However, this year, Taiwan stocks have rebounded from multiple declines, with an increase of 9.07% so far, only temporarily lagging behind Hong Kong's rise of 11.58% (the first increase) and South Korea's rise of 9.54% (the second increase), and Taiwan stocks ranked third.

Coincidentally, the three stock markets of Taiwan, South Korea, and Hong Kong were also the "late class" of Asian stocks last year, showing signs of lagging behind and making up for gains this year.

In addition, foreign capital also changed its aggressive selling of Taiwan stocks last year. This year, it has turned into a strong supporter. Today, the net overbuying amount is 10.25 billion yuan; People simply "turn their faces when they hear about foreign capital." However, since January 5, foreign capital has bought more Taiwan stocks for 12 consecutive trading days (12 in a row), with a cumulative amount of 216.2 billion yuan.

Since foreign capital has "flipped more" in Taiwan stocks this year, and Guoan Fund has not left the market, it can be said to be "double protection" for investors, which is tantamount to "reassurance."

Among them, the top ten stocks bought by foreign investors today are UMC (2303) 26,832, TSMC (2330) 9,255, China Airlines (2610) 7,448, Xinxing (3037) 6,306, and PSMC (6770) ) 5,516, Cathay Smart Electric Vehicle (00893) 5,463, Sinosteel (2002) 4,776, Cathay Gold (2882) 4,228, Huaxin (1605) 3,905 and ZTE (1513) 3,559.

Grasp the pulse of the economy with one hand I subscribe to Free Finance Youtube channel

Already added friends, thank you

Welcome to 【Free Finance】

feel good

Already liked it, thank you.

related news