The Hill Ledger

Taiwan edition · Foreign investors

Foreign investors sell NT$545.7bn of Taiwanese shares in a week

Local investment trusts took the other side with net purchases while the Taiex fell 10 per cent over the week.

Foreign investors posted NT$545.7bn ($16.7bn) of net selling over the past week as the Taiex fell 10 per cent. On 5 November, foreign net selling reached NT$102.5bn ($3.1bn), taking sales over the past month to NT$1.5tn ($44.7bn).

Local investment trusts recorded NT$125.7bn ($3.8bn) of net purchases over the week, while dealers registered NT$206.8bn ($6.3bn) of net selling.

The Taiex closed at 41,575 on 5 November, down 3.2 per cent on the session and down 14 per cent over the past month. Among the 150 largest listed companies, 125 fell on the day and 19 rose.

The Taiwan VIX reached 39.9 on 5 November, compared with 28.3 a week earlier and 21.9 a month earlier. The put-to-call volume ratio was 85.0 per cent.