Taiwan Stocks Poised for Record Foreign Inflows on Tech Optimism
- Market has attracted $8.2 billion on a net basis this month
- Taiwan’s TWSE Index is among the top performers in Asia
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Foreign investors are on track to pour record capital into Taiwan stocks in November, as expectations that the Federal Reserve is done with interest-rate hikes boost demand for technology shares.
The North Asian market has so far attracted $8.2 billion on a net basis, the largest monthly inflow since at least 2000, according to data compiled by Bloomberg. Taiwan also racked up the highest inflows among emerging Asia excluding China peers.