Staff writer, with CNAForeign institutional investors last month recorded a net fund inflow of US$4.28 billion, the highest in 21 months, as the local equity market made a strong showing, the Financial Supervisory Commission (FSC) said. The net foreign fund inflow also boosted the over-the-counter (OTC) market, with the TPEX rising more than 3 percent. Net fund inflow was about US$1.28 billion higher than September’s figure, the commission said. In the first 10 months of this year, foreign institutional investors registered a net buy of NT$133.51 billion (US$4.4 billion) worth of shares on the main board and a net buy of NT$20.72 billion worth of shares on the OTC market, the commission’s data showed. Due to the large foreign fund inflow, the NT dollar rose 1.9 percent against the US dollar.

Source: Taipei Times November 10, 2019 15:59 UTC