Reported 10 months ago
Foreign investors withdrew $24.47 billion from Taiwan stocks last week and pulled out another $33.292 billion today, leading to a total of $403.56 billion net-selling by the three major entities. The Taiwan stock market opened at a high and surged over 100 points, breaking the 22,000-point mark and hitting a historic record of 22,003.71 points before retracting to close down 66.26 points at 21,792.12 points, with a fluctuation of over 200 points. Taipei's foreign exchange market saw the New Taiwan Dollar against the US Dollar close at 32.395, a depreciation of 1.45 cents with a turnover of $1.334 billion. Despite last week's $24.47 billion withdrawal, foreign investors again withdrew $33.292 billion today, marking consecutive selling for two weeks. Proprietary traders withdrew $26.323 billion last week and continued to net-sell $11.032 billion today, making it nine consecutive weeks of selling. Meanwhile, fund managers bought $26.257 billion last week and increased their buying by $3.968 billion today, marking seven weeks of buying. The total net-selling by the three major entities amounted to $40.356 billion. The total turnover in the centralized market today reached $501.53 billion with transactions of 10.25 million shares. Among the top 10 stocks by trading volume were Yang Ming, GY ESG Bond 20+, KDC, Fu Hwa Taiwan Tech-Ex Dividend, Shin Kong Financial, Evergreen, Wan Hai, CTBC 20-year US Bond, Evergreen, and GY Taiwan High Dividend.
Source: YAHOO