Taiwan's weighted index rebounded sharply today, closing up 2% with a turnover of 984.081 billion yuan, as three major institutional investors collectively bought a net 20.192 billion yuan. Among the purchased stocks, memory companies staged a rebound, with Winbond Electronics successfully locking in a daily limit up after institutional restocking of 15,000 shares.
Institutional buying is driving a short-term rebound in memory stocks, indicating renewed investor interest in the sector.