TAIEX
<strong>Foreigner stock buys surge</strong>
Foreign investors last week bought a net NT$7.73 billion (US$265.23 million) of local shares after buying a net NT$2.18 billion a week earlier, the Taiwan Stock Exchange said in a statement yesterday. As of Friday, foreign investors had sold NT$773.03 billion of local shares since the beginning of the year, the exchange said. The top three shares bought by foreign investors last week were Innolux Corp (群創光電), Yang Ming Marine Transport Corp (陽明海運) and AU Optronics Corp (友達光電), while the top three shares sold by foreign investors were Shin Kong Financial Holding Co (新光金控), Yuanta Financial Holding
Net fund outflows from foreign investors totaled US$4.68 billion last month, which is slightly down from a month earlier, but still comparatively high, Financial Supervisory Commission (FSC) data showed yesterday.
The commission revised its March data, raising the net foreign fund outflows from US$5.94 billion to US$6.89 billion, as some foreign investors corrected their reporting, the FSC said.
March’s revised number is still the second largest in a single month over the past three years, after US$10.3 billion in March 2020, commission data showed.
Last month’s net fund outflows correlated with foreign investors’ selling a net NT$259.5 billion (US$8.79 billion) of local shares,
Yageo Corp (國巨) last year paid each member of its board of directors an average of NT$91.95 million (US$3.16 million), the highest among listed companies in Taiwan, data released yesterday by the Taiwan Stock Exchange (TWSE) showed.
Yageo’s directors’ compensation was 78 percent more than the NT$51.56 million they received a year earlier, which the passive components maker attributed to its 90 percent annual growth in net profit to NT$22.9 billion last year.
The compensation included salaries, stock rewards and other types of payment, but excludes any pay they receive for their management or employee roles, corporate data showed.
CTBC Financial Holding Co