CPT stock rebounds after heavy sell-off as Taiwan market hits new highs

Taiwan's stock market surged on Thursday, June 18, 2026, with the main index reaching a new historical high. The rally was led by sectors such as passive components and memory chips, contributing to a broad market advance with 1,103 stocks participating in the celebration. The index closed up 587 points at 46,465 points, buoyed by a significant net purchase of NT$21.132 billion by foreign investors.

However, the overall market strength contrasted sharply with the performance of Chunghwa Picture Tubes (CPT), a company with 360,000 shareholders. CPT faced a significant sell-off, with foreign and proprietary traders dumping nearly 80,000 shares. This aggressive selling pressure caused CPT's stock price to briefly dip into negative territory, testing a low of NT$17.8.

Despite the initial downturn, a strong counter-attack from investment trusts and individual retail investors helped CPT's stock stage a remarkable recovery. By the market close, CPT's share price had surged by 3.01%, ending the day at NT$18.8. The trading volume also expanded significantly, reaching 361,500 shares, indicating heightened investor activity surrounding the stock.

Among the top ten stocks sold by foreign investors on Thursday were CPT (79,725 shares), Mega Financial Holding (33,020 shares), Innolux (29,761 shares), Hon Hai (25,474 shares), Wistron (25,043 shares), Far EasTone (24,676 shares), United Renewable Energy (21,442 shares), Powerchip Semiconductor Manufacturing (19,836 shares), Zhen Ding Technology (18,103 shares), and E.SUN Financial Holding (15,142 shares).