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Pressures mount on Taiwan shares ahead of LNY break

Pressures mount on Taiwan shares ahead of LNY break

2026-02-02

Taiwan’s stock market opened under tremendous pressure on Monday, after US President Donald Trump’s nomination for the position of Federal Reserve chair. The nominee is Kevin Warsh, who is seen has having a more hawkish stance. In addition, sharp declines in US stocks and gold and silver prices delivered a blow to the market. Taiwan shares plunged by as much as 703 points during the trading session on Monday. Ultimately the market closed down 439.72, or 1.37% to stay above the monthly moving average at 31,393 points.

Winson Wang
Analyst
Since January, Taiwan shares have gained more than 3,000 points, so after such a strong short-term rally, a pullback was brewing. With the Lunar New Year break coming up next week, selling pressure ahead of the holiday has emerged earlier than usual. The market had already fallen for two days last week, and today marks the third consecutive drop. The market would typically see a rebound after three days of sharp drops. If the rebound is weak, it would indicate that selling pressure has not yet been fully absorbed. I think the market will slowly stabilize three to five days before the break.

Not even comments from the godfather of AI, Jensen Huang managed to halt the downturn. At a high-profile banquet, the Nvidia CEO praised TSMC as the sole pillar of AI. But on Monday, TSMC shares shed NT$10 to close at NT$1,765. Other industry heavyweights such as Hon Hai, Quanta, Delta Electronics and MediaTek also ended the day with losses. As the Lunar New Year break draws closer, selling pressure remains a driving force in the market. Analysts say that further volatility is on the horizon until the selling pressure gets fully digested.

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#tsmc #stock #taiex #stockmarket #silver

美股利空.金銀大跌衝擊 台股週一重挫

2026-02-02

受到美國聯準會提名人選偏向鷹派影響,加上美股及金銀價格大跌等利空衝擊,台股周一開盤’’壓力山大’’,一度狂殺703點,隨後跌勢收斂,收盤跌439.72點,力守月線31393點之上,跌幅1.37%。

[[分析師 王榮旭]]
“1月以來這個指數,已經漲超過3000點,所以在短線漲這麼多情況之下,本來就醞釀漲多拉回,第二個就是說下個禮拜,就要農曆年封關,所以農曆年封關前賣壓,在這個時候提前湧現,上個禮拜已經先跌兩天,今天再跌第三天,通常急跌三天的話,這個行情應該也會做出一個反彈,倘若反彈弱勢的話,那表示賣壓還沒有消化完,那我們估計大概可能,農曆年前的封關前的三到五天,行情應該慢慢就會穩下來”

就算AI教父黃仁勳,兆元宴開金口,點名台積電是AI唯一支柱,仍抵擋不了這波跌勢,台積電下跌10元,收在1,765元,包括鴻海、廣達、台達電、聯發科等科技族群都是一片慘綠。台股封關進入倒數,賣壓沉重,還沒消化完之前,只怕台股還會一波震盪。

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