Business · Markets · 2 hrs ago

Foreign Investors Make Record October Withdrawal From Taiwan Stocks

Foreign Investors Make Record October Withdrawal From Taiwan Stocks

Foreign investors made record withdrawals from Taiwanese stocks in October as global markets sold off AI-related shares.

Taiwan’s benchmark stock index was pushed closer to a technical correction.

A technical correction is a sustained decline in an index from a recent high.

The withdrawals came as investors pulled back from companies exposed to artificial intelligence.

The selloff put pressure on Taiwan’s stock market, which is closely tied to technology shares.

The account does not give the amount withdrawn or say what happens next.

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