Taiwan Stocks Show Slight Increase as Real Fundamentals and Funds Support Remains Limited

Taiwan stocks gained and lost the 16200-point mark yesterday (23), closing at 16188.03 points, a slight increase of 7.14 points, with a turnover of 238.75 billion yuan. The legal person believes that without the support of real fundamentals and funds in the short term, the upward space of the index is limited, and the chance of entering a consolidation is relatively high.

In terms of U.S. stock performance, due to little progress in debt ceiling negotiations, investors’ growing concerns about U.S. default, and rising pressure on U.S. bond yields, the four major indexes fell.Dow Jonesdown 231.07 points,That fingerIt fell 160.53 points or 1.26%, and the S & P also fell by more than 1%.fee halfIt also fell 37.59 points or 1.17%.

In terms of market news, Wu Jiazhao, chairman of Nandian, a major IC substrate manufacturer, said that the operation in the second quarter will not be too bad. With the launch of new products from customers in the second half of the year, the operation will be better than the first half of the year, and in response to future high-speed computing, generative AI With advanced technology, the IC substrate area will become larger and the number of layers will increase. There is no plan to change the overall capital expenditure.

The Statistics Office of the Ministry of Economic Affairs released industrial production statistics yesterday (23). Affected by the slowdown in the economy and weak end demand, the industrial production index in April was 76.40, an annual decrease of 22.86%. Among them, the manufacturing index was 75.85, an annual decrease of 23.52%. 11 months of negative growth.