Foreign Investors Net Sell NT$90.7 Billion Last Week, Led by China Steel with 90,000 Shares

(CNA, Taipei, 18th, Reporter Tseng Jen-kai) The Taiwan stock market experienced high-level volatility last week, with the centralized market index closing at 41172.36 points on Friday, a weekly drop of 431.58 points or 1.04%. According to statistics from the Taiwan Stock Exchange, foreign investors net sold NT$90.791 billion in the centralized market last week. In terms of individual stocks, the top three listed companies with the largest net sales by foreign investors last week were China Steel (90,633 shares), Chang Hwa Bank (74,938 shares), and Taiwan Business Bank (60,748 shares). The top three listed companies with the largest net purchases by foreign investors last week were Taishin Shin Kong Financial (218,958 shares), AU Optronics (184,570 shares), and Hon Hai Precision Industry (100,296 shares). Statistics from the beginning of this year to May 15 show that the cumulative net sale by foreign investors amounted to NT$495.77 billion. The total market value of stocks held by foreign investors was NT$66.6985 trillion, accounting for 49.67% of the total market capitalization of all listed stocks. (Editor: Chang Chun-mao) 1150518