Taiwan Fund Monthly Insights – June 2023

July 26, 2023

The Taiwan Stock Exchange Weighted Index (“TWSE”) rose 2.09% in June 2023, in US dollar terms, with electronics again leading the rise. The top three outperforming industry groups were Media & Entertainment, Technology Hardware & Equipment and Transportation. The top three underperforming industry groups were Telecommunication Services, Energy and Pharmaceuticals, Biotechnology & Life Sciences. The Taiwan TPEx Exchange Index, (“TWOTCI”, the over-the-counter index) declined 2.46% in June in US dollar terms.