Taiwan Fund Monthly Insights - September 2022

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.