Innolux stock attracts major foreign investment amid market volatility

Foreign institutional investors have returned as major buyers of Innolux Corporation (群創) stock, acquiring over 90,000 shares within a two-day period. This significant influx of capital comes as the Taiwan Stock Exchange experienced a turbulent trading session on Monday, July 20th.

The market saw a dramatic swing, with the index initially rising over 400 points before plummeting more than 700 points due to selling pressure across electronics, finance, and traditional industries. Despite the overall market downturn and continued foreign net selling of NT$6.084 billion, these institutional investors strategically targeted Innolux.

This renewed interest in Innolux shares helped to cushion the stock's decline. While the company's stock price ultimately closed down 4.18% at NT$50.4, it managed to hold the crucial NT$50 mark. The trading volume for Innolux reached 366,100 shares.

Among the top 10 stocks bought by foreign investors on Monday were Innolux (146,600 shares), E.SUN Financial Holding (24,102 shares), AU Optronics (16,469 shares), and EVA Air (13,269 shares). The data highlights a strategic focus by foreign capital on specific Taiwanese companies despite broader market volatility.