Taiwan Stock Market Soars! Foreign Investors Admit Mistakes and Buy Back 17.8 Billion

Reported about 1 year ago

Led by TSMC, the Taiwan stock market surged by 260 points today to close at 22,757 points, setting a new record. According to the Taiwan Stock Exchange's data, foreign investors bought back 17.8 billion worth of Taiwanese stocks, correcting their previous mistakes. TSMC reached a new intraday high of 22,787 points before closing at 22,757 points. Foreign investors admitted their mistakes by purchasing 17.8 billion in stocks, ending their three-day selling streak, while institutional investors and proprietary traders also contributed to a total net buying of over 19.1 billion in Taiwan stocks.

Source: YAHOO

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