The Taiwan stock market continues to soar, with the index breaking the 43,000-point mark to reach a new historical high. The Yuanta Taiwan 50 (0050), a benchmark ETF, saw its share price break the NT$100 mark, reaching a high of NT$101, a new record since its stock split. 0050, the oldest and largest ETF in Taiwan, was listed in 2003 at NT$36.98. To lower the entry barrier, Yuanta Securities Investment Trust executed a 1-for-4 stock split last year. The price dropped from NT$188.65 to NT$47.16. In less than a year, the price has more than doubled, providing significant returns for investors. According to the Taiwan Stock Exchange, 0050's assets under management stand at approximately NT$1.8355 trillion, with 2.934 million beneficiaries, maintaining its position as the leader in the Taiwan ETF market.

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  • Source: CNA (Central News Agency)
  • Category: finance