Taiwan Stocks Stand Firm at 22000 with Foreign Investors' Support! Net Purchase of 16.8 Billion NTD Ends Two Consecutive Sell-offs

Reported 7 months ago

Taiwan's stock market closed at 22048 points, staying above 22000 points, marking a significant achievement with the help of foreign investors who net purchased 16.817 billion NTD, ending two consecutive sell-offs. Despite securities firms selling for the tenth consecutive day and withdrawing over 2.4 billion NTD, investment trusts continued to buy, netting over 2.2 billion NTD. In total, the three major institutional investors sold 16.582 billion NTD. Taiwan Semiconductor Manufacturing Company led the market surge, helping the index close at 22048 points with a 256-point increase and a trading volume of 448.2 billion NTD, while TSMC's stock price rose by 26 NTD to finish at 909 NTD.

Source: YAHOO

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