Taiwan Stocks Break Below Quarterly Line; Foreign Investors Sell TWD 41.6 Billion, Three Major Institutions Net Sell TWD 70.8 Billion

On the 19th, Taiwan stocks opened lower and traded below the flat line throughout the day. Affected by weak performance in electronics stocks, the index dropped as low as 44,308 points. By the close, the decline slightly narrowed, ending down 589.33 points at 44,719.35 points—breaking below both the 10-day and quarterly moving average levels. Trading volume decreased to TWD 847.8 billion. The three major institutional investors collectively sold TWD 70.848 billion.

Analyzing today’s positions of the three major institutions: foreign investors sold TWD 41.639 billion; proprietary traders sold TWD 17.118 billion; and investment trusts sold TWD 12.091 billion—resulting in a total net sell of TWD 70.848 billion.