The Hill Ledger

Taiwan edition · Foreign investors

Foreign investors sell NT$326.5bn of Taiwanese shares in a week

Local investment trusts recorded NT$48.5bn of net buying as the Taiex fell 2.4 per cent over the week.

Foreign investors recorded NT$326.5bn of net selling in Taiwanese shares over the past week. Outflows included sales of NT$78.0bn in chipmaker TSMC and NT$68.6bn in chipmaker MediaTek.

Investment trusts posted NT$48.5bn of net buying during the week, while dealers recorded NT$109.3bn of net selling.

The Taiex fell 2.4 per cent over the week despite gaining 0.6 per cent on 14 October to close at 48,626. Among the 150 largest listed companies, 110 rose and 35 fell during the session.

The 28 semiconductor companies fell by an average of 3.8 per cent over the week, and 11 other electronics companies fell 4.3 per cent. Three plastics companies rose by an average of 22 per cent, while foreign investors bought NT$9.9bn of electronic components maker Unimicron Technology.

Companies in this column: Unimicron Technology, TSMC, MediaTek.