Taiwan Stock Rally Draws Millions of New Investors Into the Market
A rally in Taiwanese equities has driven a surge in new investors, with Taiwan Stock Exchange data showing the total number of trading accounts has reached nearly 14.5 million after more than 720,000 new accounts were opened over the past six months.
Rise in Stock Accounts
REPORTER:
The recent rally in Taiwanese stocks has brought a surge in new investors.
Data from the Taiwan Stock Exchange shows the total number of trading accounts has surpassed 14.5 million, after more than 720,000 accounts were added over the past six months.
The jump comes as Taiwan’s benchmark index gained almost 60% in the first half of the year, driven by strong demand for AI. Analysts say many new investors are buying shares out of fear of missing out. The biggest increase came from people over 60, who now hold the largest number of trading accounts of any age group.
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Stock Accounts Rise
REPORTER:
More people in Taiwan are investing in stocks than ever before, with new data showing trading accounts hit a record high last month.
The Taiwan Stock Exchange says nearly 14.5 million trading accounts were open at the end of June. That's up more than 720,000 from the end of last year.
The jump comes after the TAIEX gained almost 60% in the first half of the year, driven by strong demand for AI-related stocks.
Analysts say many new investors are buying shares out of fear of missing out. The biggest increase came from people over 60, who now hold the largest number of trading accounts of any age group.
