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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.
The TWSE index fell 4.31% in December 2022, in US dollar terms. The top three outperforming industry groups were Household & Personal Products, Health Care Equipment & Services, and Consumer Services. The bottom three performing industry groups were Semiconductors & Semiconductor Equipment, Insurance, Automobiles and Auto Components. The Taiwan TPEx Exchange Index, (“TWOTCI”, the over-the-counter index) declined 3.14% in December 2022.
The Taiwan Stock Exchange Weighted Index (“TWSE”) surged 19.80% in November 2022, in US dollar terms. The Information Technology sector rose 11.9%, followed by nontechnology (TWSE market sectors exclusive of Information Technology and Financial), which was up 5.45% and the Financial sector which was up 2.42%. The Taiwan TPEx Exchange Index, (“TWOTCI”, the over-the-counter index) was up 18.81% during the month in US dollar terms. The top three outperforming Industry Groups in the TWSE were Semiconductor & Semiconductor Equipment, Pharmaceuticals, Biotechnology & Life Sciences and Diversified Financials. The bottom three underperforming Industry Groups were Telecommunication Services, Food & Staples Retailing and Energy.
The Taiwan TAIEX Total Return Index (the “benchmark”) fell 4.95% in October 2022 in US ollar terms, with the technology sector dropping 2.90%, non-technology down 0.41%, he financial sector down 0.62% and over-the-counter stocks (as measured by the Taiwan OTC Index) down 6.59% during the same period, in US Dollar terms. The top three outperforming sectors were real estate, energy, and media & entertainment. The bottom three underperforming sectors were health care equipment & services, pharmaceuticals & biotech, and diversified financials.
The Taiwan Stock Exchange fell 14.73% in September 2022 in US dollar terms. The technology sector was down 8.72%, non-technology -4.16%, the financial sector down 1.86% and over-the-counter stocks down 16.60% during the same period. The top three outperforming sectors were food and staples retailing, consumer services and media & entertainment. The bottom three underperforming sectors were pharmaceuticals & biotech, transportation, and semiconductors & equipment.
The Taiwan Stock Exchange closed the month of August 2022 down 0.46% in US dollar terms, with the technology sector down 0.99%, non-technology down 0.52%, the financial sector up 2.22% and over-the-counter stocks up 7.34%. The top three outperforming sectors were LCD-TFT panel, transformers and uninterruptible power supply and biotech. The bottom three underperforming sectors were shipping, handset and power supply.
The Taiwan Stock Exchange closed the month of July 2022 up 2.37% in US dollar terms, with the technology sector up 4.44%, non-technology down 0.54%, the financial sector down 1.20% and over-the-counter stocks down 2.67%. The top three outperforming sectors were information access, business automation and optical lens. The bottom three underperforming sectors were plastic, securities and wire and cable.
The Taiwan Stock Exchange closed the month of June 2022 down 12.53% in US dollar terms, with the technology sector down 14.92%, non-technology down 8.73%, the financial sector down 8.37% and over-the-counter stocks down 12.06%. The top three outperforming sectors were biotech, consumer electronics and information access. The bottom three underperforming sectors were integrated circuit (“IC”) manufacturing, IC dynamic random-access memory, manufacturing and IC design.
The Taiwan TAIEX Total Return Index closed the month of May 2022 up 2.88% in US dollar terms, with the technology sector up 5.33%, non-technology up 1.27%, the financial sector down 5.44% and over-the-counter stocks up 5.49%.