Foreign Investors Rebound Taiwan Stocks, NTD Appreciates Slightly by 1.3 Cents But Marks Second Consecutive Weekly Decline
NQ Score
78/100
N1 Content Completeness
8
AI Summary (NQ-processed)
Following US President Trump's cancellation of a planned airstrike on Iran, Taiwan stocks rallied over 1,000 points. Foreign investors bought a net NT$28.69 billion, ending a six-day selling streak. However, the New Taiwan Dollar (NTD) remained relatively calm, closing slightly higher at 31.618. Despite the minor daily gain, the NTD recorded a second consecutive weekly decline due to massive hot money outflows earlier in the week. Markets are now looking ahead to the US Fed meeting next week.