Taiwan Fund Monthly Insights – January 2023February 24, 2023
The TWSE Index (which may also be referred to as the TAIEX Index or the TSEC Index, is a capitalization-weighted index of all listed common shares traded on the Taiwan Stock Exchange) rose 10.53% in January 2023, in US dollar terms. The top three performing industries were Semiconductors & Semiconductor Equipment, Retailing, and Software & Services. The top three underperforming industries were Transportation, Food & Staples Retailing and Telecommunication Services. The Taiwan TPEx Exchange Index, (“TWOTCI”, the over-the-counter index) rose 10.37% in January.