Foreign Investors Sold Off After One Day, Trust Funds Bought 21 Billion; Three Major Institutions Net Sold 18.776 Billion

Taiwan's stock market rose today (3rd), bucking the trend in Asian markets. After opening lower, buying pressure drove the market into positive territory, peaking at 43,784 points—an intraday gain of over 650 points. The rally slightly eased by the close, ending at 43,386.41 points, up 266.66 points, and reclaiming the 10-day moving average. Trading volume decreased to 844.5 billion NT dollars. The three major institutional investors collectively net sold 18.776 billion NT dollars.

Analyzing today's trading activities of the three major institutions: foreign investors net sold 19.191 billion NT dollars; proprietary traders net sold 20.653 billion NT dollars; and trust funds net bought 21.068 billion NT dollars. In total, the three major institutions recorded a net sale of 18.776 billion NT dollars.