Taiwan stocks close at 45,800 as foreign investors buy heavily
Taiwan's stock market jumped again, with foreign money pouring in — good news for local investors, especially those holding actively managed ETFs.
- The Taiwan index rose 663 points to close near 45,800, with heavy trading volume.
- Foreign investors bought over NT$36.5 billion worth of shares, and local institutions added billions more.
- Actively managed ETFs were the top targets, led by the Uni-President Upgrade 50 fund and a CTBC income fund.
- Shipping firm Yang Ming was the biggest thing foreigners sold, along with UMC, Taiwan Cement, and Innolux.
- Three smaller stocks were put under trading restrictions after unusual price moves.
Outlook: Money keeps flowing into Taiwan's market and into active ETFs, though shipping and older industrial names are being left behind.