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Monday, April 29, 2024

Taiwan Business Quick Take – Taipei Times

EQUITIES

Foreigners continue to buy

Foreign institutional investors last week bought a net NT$64.94 billion (US$2.11 billion) of local shares after buying a net NT$5.99 billion the previous week, the Taiwan Stock Exchange said in a statement yesterday. The top three shares bought by foreign investors last week were China Airlines Ltd (中華航空), EVA Airways Corp (長榮航空) and Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), while the top three sold were Shin Kong Financial Holding Co (新光金控), Wistron Corp (緯創) and Acer Inc (宏碁), the exchange said. As of Friday last week, foreign investors had bought NT$432.59 billion of local shares since the beginning of this year, while the market capitalization of shares held by foreign investors was NT$22.29 trillion, or 41.13 percent…

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