Foreign investors pile into Taiwan stocks by most in 15 years

Quick Summary:

So I think no matter which party wins, Taiwanese stocks will get a boost.

The Taiex Index is up 14% so far this month, set for its best in more than 13 years, with index heavyweight Taiwan Semiconductor Manufacturing Co advancing 27%.

The shifting sentiment has also lifted the Taiwanese dollar from its weakest level since 2016, with the currency jumping more than 4% in November to head for its strongest monthly gains since 1998.

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Article Details

Category: InvestingFinance

Markets: MalaysiaChinaTaiwan

Topics: Taiex Global Market Stock (nov Foreign Taiwan’s Month Index Stocks Taiwanese

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-25 @ 08:41:56 (3 months ago)

News Timezone: GMT +8:00

News Source URL: news.google.com

Language: English

Article Length: 373 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Edge Markets

News ID: 1927329

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About The Edge Markets

Main Topics: InvestingFinance

Official Website: theedgemarkets.com

Year Established: 1994

Headquarters: Malaysia

News Last Updated: 13 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #17

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