Number of quarterly ‘big players’ hits new record, showing market confidenceBy Kao Shih-ching / Staff reporterThe number of so-called “big investors” — those who trade more than NT$500 million (US$17.86 million) in local stocks in a single quarter — rose 88 percent in the second quarter to 5,990 investors, a record amount for a fifth consecutive quarter, data released by the Taiwan Stock Exchange (TWSE) showed. The number of big investors, viewed as a gauge of investors’ confidence in the local stock market, has been hitting fresh highs since the 1,674 registered in the second quarter of last year. The number increased to 2,369 in the third quarter and 2,401 in the fourth quarter of last year, before climbing to 3,178 in the first quarter of this year. The total number of investors rose 13 percent quarterly to 4.44 million in the second quarter, the data showed. Turnover totaled NT$656.38 billion, with foreign institutional investors buying a net NT$22.95 billion of shares on the main board, TWSE data showed.

Source: Taipei Times July 13, 2021 15:56 UTC