Taiwan Fund Monthly Insights - June 2022
July 15, 2022The 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.