Foreign investors post large net fund outflows
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Foreign institutional investors in Taiwan experienced a significant net outflow of US$3.055 billion last month, reversing a previous inflow of US$11.51 billion in February. This outflow, attributed to the volatility caused by the ongoing war in the Middle East, marks the fourth largest for March on record. The TAIEX index fell 6.17% as foreign investors sold NT$968.21 billion (US$30.456 billion) in shares. Despite this, the first quarter of the year saw a record net inflow of US$17.852 billion, influenced by stock market fluctuations and investment strategies.
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Source: Taipei Times The copyright of this article belongs to the original author/organization.
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