Taiwan exchanges restrict six stocks after sharp gains and abnormal volatility

  • Taiwan exchanges restricted six stocks after abnormal price volatility and sharp short-term gains.
  • Amax Holding rose 50.37% over six sessions, while Gravity faces 45-minute matching intervals.
  • The exchanges also placed 45 listed and over-the-counter stocks on a watch list.

The Taiwan Stock Exchange and Taipei Exchange will place six stocks under trading restrictions from Sept. 2 after abnormal price volatility. Genius Electronic Optical, Fositek, Amax Holding, Xintec and Co-Tech will use manual order matching every two minutes, while Gravity will have a 45-minute matching interval after gaining 40.71% over six trading sessions. Four stocks face restrictions through Sept. 8, while Xintec and Co-Tech remain restricted through Sept. 10. Amax Holding recorded the largest six-session gain at 50.37%, while Fositek posted the widest price spread at NT$440. The exchanges also put 45 stocks on a watch list, including major optics, thermal-management, substrate and PCB names. During restrictions, investors must pre-deposit funds or shares, and trading volume and volatility may contract as liquidity and execution flexibility decline.

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