Foreign Investors Sold NT$286.2 Billion in Taiwanese Stocks Last Week, Yet Increased Holdings in Financial Stocks

Taiwan's stock market experienced significant volatility last week. The集中 market index closed at 44,169.04 points on Friday, down 901.90 points (2%) from the previous week, ending a three-week winning streak. According to statistics from the Taiwan Stock Exchange, foreign investors sold a net NT$286.248 billion in the集中 market last week, marking the second consecutive week of net selling.

In terms of individual stocks, the top three companies with the highest net foreign selling were Cathay Financial Holding (388,861 lots), Far Eastern New Century (106,900 lots), and AU Optronics (106,197 lots). Additionally, Taiwan Semiconductor Manufacturing Company (TSMC) saw net foreign selling of 51,993 lots, ranking 10th.

On the buying side, the top three companies with net foreign buying were First Financial Holding (143,551 lots), Chang Hwa Bank (119,385 lots), and United Microelectronics Corporation (101,197 lots). Including Taishin Financial Holding (4th), Yuanta Financial Holding (5th), E.Sun Financial Holding (7th), and Taiwan Business Bank (8th), six out of the top ten net foreign buying positions were financial stocks.

From the beginning of the year through June 12, foreign investors have cumulatively sold a net NT$702.865 billion. The total market value of foreign-held stocks stands at NT$70.3619 trillion, accounting for 48.83% of the total market capitalization of all listed companies.