Deputy finance minister Juan denies NSF sold shares amid soaring TAIEX - News Summed Up

Deputy finance minister Juan denies NSF sold shares amid soaring TAIEX


Deputy finance minister Juan denies NSF sold shares amid soaring TAIEXStaff writer, with CNADeputy Minister of Finance Frank Juan (阮清華), who is also executive secretary of the National Stabilization Fund (NSF), yesterday denied speculation that the fund took advantage of soaring stock prices to sell shares for profit. “When the fund will retreat from the market will be decided by its committee,” Juan said. The NT$500 billion (US$15.85 billion) stabilization fund was established in 2000 to cushion the local equity market against unexpected external factors that might disrupt the local bourse. From April 9 to the end of last year, the TAIEX surged 66.54 percent to close at 28,963.6 points. He also attributed the TAIEX’s 755 point rise yesterday to TSMC’s strong gains, which contributed about 670 points of the index’s upturn.


Source: Taipei Times January 05, 2026 16:44 UTC



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