Foreign Investors Net Buy NT$188.4 Billion Last Week, Ending 5 Consecutive Weeks of Net Selling; China Steel Most Bought with 85,059 Lots

AI Summary (NQ-processed)

Foreign investors net bought NT$188.457 billion in the Taiwan stock market last week, ending a five-week streak of net selling. This surge was primarily driven by the announcement of a temporary ceasefire between the US and Iran, which boosted the Taiwan stock market by 8.74% (2845.4 points), with the TAIEX closing at a new high of 35417.83 points on April 10. China Steel, Cathay FHC, and UMC were among the top three most bought stocks by foreign investors, while Macronix, China Airlines, and CTBC Financial Holding were among the top three most sold. As of April 10, foreign investors' cumulative net selling for the year reached NT$660.484 billion, with their total stock market capitalization holding NT$56.5234 trillion, accounting for 48.93% of the total listed stock market value.