Foreign Investors Rebound Taiwan Stocks, NTD Appreciates Slightly by 1.3 Cents But Marks Second Consecutive Weekly Decline
Following US President Trump's cancellation of a planned airstrike on Iran, Taiwan stocks rallied over 1,000 points. Foreign investors bought a net NT$28.69 billion, ending a six-day selling streak. However, the New Taiwan Dollar (NTD) remained relatively calm, closing slightly higher at 31.618. Despite the minor daily gain, the NTD recorded a second consecutive weekly decline due to massive hot money outflows earlier in the week. Markets are now looking ahead to the US Fed meeting next week.
📋 Article Processing Timeline
- 📰 Published: June 12, 2026 at 19:37
- 🔍 Collected: June 13, 2026 at 00:44 (5h 7m after Published)
- 🤖 AI Analyzed: June 13, 2026 at 07:22 (6h 38m after Collected)
(Central News Agency, Reporter Pan Tzu-yu, Taipei, 12th) US President Donald Trump announced the cancellation of planned airstrikes on Iran, and with reports of a potential agreement, US stocks surged. This spurred Taiwan stocks to rally over 1,000 points. However, the New Taiwan Dollar (NTD) exchange rate reacted relatively calmly, closing at 31.618, appreciating by just a slight 1.3 cents. The total trading volume in the Taipei and Yuan Tai foreign exchange markets stood at US$2.728 billion. Due to massive withdrawals of hot money this week, the NTD marked a second consecutive weekly decline.
Trump's cancellation of the Iran airstrike plan drove a strong rebound in international stock markets. Led by the AI sector, Taiwan stocks surged over 1,649 points in early trading today, marking the second-largest intraday gain in history. The index ultimately closed up 1,019.58 points at 44,169.04. The three major institutional investors were net buyers, with foreign investors repurchasing NT$28.69 billion, ending a six-day selling streak.
Despite the strong rebound in Taiwan stocks, the NTD failed to rally in tandem against the US dollar. Opening at 31.58 today, the NTD initially edged up to an intraday high of 31.56 before quickly dropping to a low of 31.687. The currency fluctuated in the afternoon, ultimately closing slightly higher, marking a second consecutive day of appreciation.
Foreign exchange dealers noted that after several days of adjustments, market sentiment has gradually calmed down, with trading volume shrinking to under US$3 billion. Trump's hint that an agreement with Iran could be signed soon effectively boosted investors' risk appetite. The forex market today has already felt foreign investors shift to two-way trading, beginning to show some moves to buy back Taiwan stocks, which helped halt the currency's depreciation.
Reviewing the NTD's trend, this week kicked off with "Black Monday" on the 8th. Hit by multiple negative factors, hot money withdrew heavily from Asia, causing the NTD to plummet. Exporters rushed in to sell foreign exchange, and the central bank also strengthened its defense, allowing the depreciation to narrow. However, trading volume exploded, and on the 9th, the total trading volume in the foreign exchange market hit US$4.746 billion, the second highest in history.
As market concerns gradually dissipated and risk appetite recovered, foreign investors bought back Taiwan stocks. Coupled with the currency depreciating to a wave low, exporters increased their foreign exchange selling, providing support for the currency. The NTD trended lower before rising this week, but cumulatively it still depreciated by NT$0.143, or 0.45%, marking a second consecutive weekly decline.
Foreign exchange dealers stated that the cooling of market anxiety helps to ease the depreciation trend. However, with the upcoming US Federal Reserve interest rate decision meeting next week, investors are holding their breath. Before this event, large movements are unlikely to occur, and the NTD is expected to continue its range-bound consolidation pattern. (Editor: Yang Kai-hsiang) 1150612
Trump's cancellation of the Iran airstrike plan drove a strong rebound in international stock markets. Led by the AI sector, Taiwan stocks surged over 1,649 points in early trading today, marking the second-largest intraday gain in history. The index ultimately closed up 1,019.58 points at 44,169.04. The three major institutional investors were net buyers, with foreign investors repurchasing NT$28.69 billion, ending a six-day selling streak.
Despite the strong rebound in Taiwan stocks, the NTD failed to rally in tandem against the US dollar. Opening at 31.58 today, the NTD initially edged up to an intraday high of 31.56 before quickly dropping to a low of 31.687. The currency fluctuated in the afternoon, ultimately closing slightly higher, marking a second consecutive day of appreciation.
Foreign exchange dealers noted that after several days of adjustments, market sentiment has gradually calmed down, with trading volume shrinking to under US$3 billion. Trump's hint that an agreement with Iran could be signed soon effectively boosted investors' risk appetite. The forex market today has already felt foreign investors shift to two-way trading, beginning to show some moves to buy back Taiwan stocks, which helped halt the currency's depreciation.
Reviewing the NTD's trend, this week kicked off with "Black Monday" on the 8th. Hit by multiple negative factors, hot money withdrew heavily from Asia, causing the NTD to plummet. Exporters rushed in to sell foreign exchange, and the central bank also strengthened its defense, allowing the depreciation to narrow. However, trading volume exploded, and on the 9th, the total trading volume in the foreign exchange market hit US$4.746 billion, the second highest in history.
As market concerns gradually dissipated and risk appetite recovered, foreign investors bought back Taiwan stocks. Coupled with the currency depreciating to a wave low, exporters increased their foreign exchange selling, providing support for the currency. The NTD trended lower before rising this week, but cumulatively it still depreciated by NT$0.143, or 0.45%, marking a second consecutive weekly decline.
Foreign exchange dealers stated that the cooling of market anxiety helps to ease the depreciation trend. However, with the upcoming US Federal Reserve interest rate decision meeting next week, investors are holding their breath. Before this event, large movements are unlikely to occur, and the NTD is expected to continue its range-bound consolidation pattern. (Editor: Yang Kai-hsiang) 1150612