Taipei, October 3 — The Taiwan Stock Exchange surged on Friday, climbing 382 points to close at a record 26,761.06 points, boosted by strong buying activity from major institutional investors. The combined net purchases reached NT$21.076 billion, lifting market sentiment to a new peak.
Despite investment trusts recording a net sell of NT$1.934 billion, they were active buyers in the electronics sector, fueling momentum in leading tech stocks.
Chi Hong Electronics Leads the Surge
Chi Hong Electronics (3017) stood out as the most favored stock of the day. Investment trusts bought shares consistently throughout the week, with Friday’s net purchase hitting 1,549 shares, making it the top pick. Backed by sustained demand, the company’s share price climbed 5.91% to close at NT$1,165, marking a stunning 23.8% gain in just four trading days.
Other Top Buys
The top 10 stocks bought by investment trusts on Friday included:
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Chi Hong Electronics (3017) – 1,549 shares
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TECO Electronics (1504) – 1,090 shares
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Winbond Electronics (2344) – 1,058 shares
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Chiptec Electronics (2481) – 834 shares
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Chiptec-KY Electronics (6768) – 663 shares
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Yubang Electronics (6449) – 560 shares
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Delta Electronics (2308) – 415 shares
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Wistron Corporation (3231) – 375 shares
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Fushida Electronics (6805) – 324 shares
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Chunghwa Telecom (1513) – 268 shares
Market analysts noted that the surge highlights investor confidence in Taiwan’s technology sector, which continues to attract strong institutional support amid global demand for semiconductors and electronics