TAIPEI, Taiwan -- Ample liquidity is expected to serve as an anchor stabilizing the local equity market after the bourse reopens following the four-day Dragon Boat Festival holiday, analysts said on Tuesday. On May 26, the last trading session ahead of the extended weekend, the weighted index on the Taiwan Stock Exchange (TWSE) lost 0.06 percent to finish at 10,101.95 points. Liao said that foreign institutional buying is expected to lend support to local share prices at a time when the local economy has showed signs of improving. The massive foreign institutional buying reflects further fund inflows into the market. Data released by the Financial Supervisory Commission showed that foreign institutional investors recorded a net fund inflow of US$1.27 billion into Taiwan in April alone.

Source: The China Post May 30, 2017 09:20 UTC