Number of major retail investors in TWSE surges in Q2By Chen Cheng-hui / Staff reporterThe number of major retail investors in the local stock market in the second quarter was the highest in the past five quarters as surging share prices attracted more big investors, data compiled by the Taiwan Stock Exchange (TWSE) showed on Monday. A “big player” is defined as an investor who trades at least NT$500 million (US$16.13 million) in shares on the TWSE in a single quarter. Average daily turnover was NT$269.73 billion in the second quarter, increasing by 23.43 percent from an average of NT$218.53 billion three months earlier, TWSE data showed. Retail investors accounted for 58.2 percent of the market’s turnover in the second quarter, up from 57.71 percent in the first quarter, while foreign institutional investors made up 30.93 percent, down from 31.53 percent. Local institutional investors represented the remaining 10.87 percent, up from 10.76 percent, the TWSE said.

Source: Taipei Times July 18, 2023 22:36 UTC