Foreign investors in Taiwan's stock market record largest-ever net sell-off of $31.78 billion in October

Foreign investors sold a record $31.78 billion (about 42.4 trillion won) net of Taiwanese stocks in October, the largest monthly net selling on record, according to the Taiwan Economic News. Foreigners sold on 14 of 19 trading days, with October 15's single-day net selling of NT$302.55 billion also an all-time high, following a third-largest-ever net selling day on October 13. The Taiex closed October 30 at 45,211.83, down 5.69% for the month from a September close of 47,940.13, with the monthly peak of 49,822.55 on October 6 leaving the month-end close 9.25% below the high. The selloff matters because record foreign outflows signal eroding confidence in Taiwan's equity market, and the index's approach to a 10% technical correction threshold from its peak suggests further downside risk. Watch whether foreign selling persists into November and whether the Taiex breaks decisively below the 10% correction level.