Foreign Investors Sell Taiwan Stocks for Second Consecutive Week; First Financial Leads

Central News Agency, Taipei, May 25. The Taiwan stock market saw a dip followed by a rebound last week, with the index closing at 42,267.97 points, a record high. According to the Taiwan Stock Exchange, foreign investors were net sellers of NT$18.62 billion in the centralized market last week, marking the second consecutive week of net selling. In terms of individual stocks, First Financial was the most sold, with 285,714 shares offloaded, followed by UMC and Macronix. TSMC ranked seventh in terms of foreign selling. On the buying side, AUO, CTBC Financial, and Cathay Financial were among the top picks. From the beginning of this year to May 22, foreign investors have accumulated a net selling total of NT$514.39 billion. Foreign holdings account for 49.31% of the total market capitalization.