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The National Financial Stabilization Fund (‘the Fund’) continues to execute its mission to stabilize the market

The Fund has executed its mission since July 13, 2022, with TAIEX only trailing Dow Jones Index, but outperforming the U.S. (Standard & Poor's 500 Index, Nasdaq Composite Index, Philadelphia Semiconductor Index), Korea, Japan, China, Hong Kong, and other major stock markets. There is evidence that the Fund helps to soften Taiwan stock market decline. Due to the problems of high inflation in major countries and acceleration of rising interest rate, tightening monetary policies have curbed consumer demand, resulting in slower economic growth. As Taiwan’s stock market belongs to a shallow-plate market, which is vulnerable to the fluctuation of major international stock markets, on top of relevant uncertainties and continuing high financial risks, the 115th Fund Management Committee resolved today to continue to execute the mission to maintain investor confidence and stabilize the market.

 

Contact Person: Director LIN, Dong-Fu

Contact Tel. (02)2322-8057

Issued:National Treasury Administration Release date:2023-01-13 Last updated:2023-01-13 Click times:195