Reported 9 months ago
As the Taiwanese stock market fluctuates at a high level, there is a shift in momentum with domestic funds gaining more influence compared to foreign funds. Despite foreign funds only buying a net total of 45 billion NT dollars in stocks this year (much lower than 349.1 billion NT dollars by fund managers), the market has surged by nearly 4,000 points, indicating a decrease in foreign influence as domestic funds take the lead. With fund managers ramping up activity at the end of the season, following domestic funds for investment may be advantageous. Key stocks to watch include Cathay Financial, Evergreen Marine, Taiwan Semiconductor Manufacturing Company, and 13 other 'fund management favorites'.
Source: YAHOO