By: Tien Yu-ping and Lilian Wu
Taipei, Jan. 25 (CNA) Foreign institutional investors have sold a net NT$79.50 billion (US$2.37 billion) in shares on Taiwan’s stock market this year as of Jan. 22, Taiwan Stock Exchange Corp. said Monday.
As of Jan. 22, foreign institutional investors held NT$8.68 trillion in shares on the market, or 38.26 percent of the total value of all listed stocks.
That was down NT$19.5 billion from the Jan. 15 total.
Foreign institutional investors were net sellers of NT$16.64 billion in shares last week, with CTBC Financial Holding (中信金), Cathay Financial Holdings (國泰金) and Fubon Financial Holding (富邦金) their biggest net selling targets by volume. [FULL STORY]