Central News Agency (CNA) The Taiwan stock market opened lower, fluctuated, and closed higher today, reversing from a decline to a gain of 36.46 points, ending at 46780.62 points with a turnover of NT$1.1557 trillion. Foreign investors sold NT$77.782 billion, with Innolux being the largest sell-off at 57,891 shares. TSMC's performance was weak, falling NT$20 to close at NT$2445. MediaTek and ASE Technology Holding also closed lower. However, driven by strong performance in traditional sectors such as textiles, paper, shipping, plastics, cables, rubber, and automobiles, as well as financial stocks, the broader market closed higher. Foreign and Chinese investors sold NT$77.782 billion today, proprietary traders sold NT$3.259 billion, and investment trusts bought NT$7.596 billion. The three major institutional investors collectively sold NT$73.445 billion. According to Taiwan Stock Exchange data, foreign investors sold the most Innolux shares, totaling 57,891. The other top 10 sell-offs included actively managed Yuanta AI New Economy, actively managed Fubon Global Innovation, Fubon Taiwan 50, ASE Technology Holding, Formosa Plastics, Powerchip Semiconductor Manufacturing, Taiwan Glass, and Macronix. Top 10 foreign investor buys included Shin Kong Financial Holding, UMC, CPDC, actively managed Fubon Taiwan Equity Growth, KGI Bank, Taiwan Business Bank, E.SUN Financial Holding, Chang Chun Petrochemical, Cheng Shin Rubber, and China Steel. Senior analyst Wang Chao-li stated that insufficient market liquidity has led to a rotation in the US and Taiwan stock markets. The Dow Jones Industrial Average rose 594.83 points on July 2nd, closing at 52900.07 points, a new high, while the Philadelphia Semiconductor Index fell 727.06 points, a decline of 5.44%. Wang Chao-li pointed out that Taiwan's economic growth is better than expected, and TSMC's investor conference scheduled for July 16th is the main reason supporting Taiwan's stock market's relatively strong performance compare