The Fund held its 131st extraordinary committee meeting on November 6, 2026. The TAIEX has recently been extremely volatile, falling a cumulative 5,510 points between November 2 and 6, 2026. On November 6 in particular, the index opened nearly 3,800 points lower, hit an intraday low of 37,837 (its lowest level in recent days), and closed at 39,701, down 10,267 points (20.55%), from this year’s high of 49,968. With foreign investors continuing to sell, market confidence is clearly weak. Given the persistently high uncertainty in the international political and economic environment, the Fund’s Management Committee, after deliberation, reached a consensus resolution to authorize the Executive Secretary to deploy the Fund’s resources as circumstances warrant to carry out market stabilization operations.
The Fund stated that, following the U.S. midterm elections, U.S. equities and major Asian markets have fallen in tandem. Taiwan’s market dropped 12.19% this week, second only to the 15.7% decline in the Philadelphia Semiconductor Index (SOX). In addition, foreign investors’ cumulative net selling in October 2026 reached NT$994.316 billion, the highest monthly figure on record. Selling has continued in November, totaling NT$524.4 billion as of November 6, deepening the downtrend in Taiwan stocks.
Taiwan’s economic fundamentals remain sound; however, because the Taiwan market is dominated by high-tech stocks that are closely correlated with the SOX, domestic equities have fallen in step, and market confidence is clearly insufficient in the short term. After deliberation, the Management Committee concluded by consensus that the circumstances described in Article 8 of the Act for the Establishment and Management of the National Financial Stabilization Fund now exist, namely that, owing to major domestic or international events or large-scale international capital movements, public confidence has been significantly affected, and the capital market or other financial markets are in disorder or at risk of harming national stability. It therefore resolved to authorize the Executive Secretary to deploy the Fund’s resources as circumstances warrant to carry out market stabilization operations.
Contact Person: Director Lee, Xìng-Fen
Contact Tel. (02)2322-8057