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Stabilization fund ready for market intervention after Taiex's plunge
Posted on 2026-11-07 11:07:13
In Taiwan, the National Financial Stabilization Fund has authorized a market
intervention to ease volatility and prop up investor confidence after the
local stock market suffered its fourth-steepest single-session point decline.

This will be the 10th market intervention since the government established
the 500 billion-NT stabilization fund in 2000 as a buffer against disruptive
external events.

The TAIEX tumbled 1,873 points, or 4.5 percent, yesterday ... tracking heavy
losses in US markets the night before.

The Taiex has shed more than 10,000 points, or 21 percent, since an intraday
high of nearly 50,000 on Oct. 6.

Meanwhile, the Financial Supervisory Commission said in a separate statement
that it had encouraged listed companies to buy back their shares ... and also
placed restrictions on short-selling trades.

CNA_JvW

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