What is the Taiwan Stock Excha♍nge Corporation (TSEC) ✱Weighted Index

A stock market index comprised of companies traded on the Taiwan Stock Exchange (TWSE). The TSEC weighted index is made up of all the stocks in the Taiwan Stock Exchange and each is given a weight based on its 澳洲幸运5官方开奖结果体彩网:market capitalization. Preferred shares, "full delivery🌌" shares, and shares listed for less than a month are excluded from the index.

Also known as the TAIEX.

BREAKING DOWN Taiwan Stock Exchange Corporation (TSEC) Weighted 🐼🅰Index

The TSEC weighted index is a 澳洲幸运5官方开奖结果体彩网:weighted average, meaning that stocks with a higher market capitalization exert a greater influence on the overall index. The TSEC weighted index has a base value of 100 based on in its 1966 level and, similar to other indexes around the world, is occasionally reconstituted with different stocks. Much like the 澳洲幸运5官方开奖结果体彩网:NYSE Composite Index, the TSEC weighted index provides a barometer of overall market perfౠormance.

Index Holdings

ꦅ As of 2016, these were the top holdings of the index and their industries:

Taiwan Semiconductor Manufacturing, 澳洲幸运5官方开奖结果体彩网:semiconductor; Hon Hai Precision Ind., other electronic; Formosa Petrochemical, oil, gas, and eౠlectricity; Chunghwa Telecom, communications and internet; Largan Precision Optoelectronic; Cathay Financial Holdings, financial and insurance; Formosa Plastics, plastics; Formosa Chemicals & Fibre, plastics; Nan Ya Plastics, plastics; Fubon Financial Holding, financ🌌ial and insurance.

Taiwan is known as an 澳洲幸运5官方开奖结果体彩网:emerging market economy.  According to the U.S. State Depar🅠tment'ꦛs 2015 Investment Climate Statement, there are many opportunities in the island nation for investors.

 "Taiwan is an important hub for regional and global trade and investment, especially in the high-technology industry. Indicative of its developed and open investment environment, Taiwan ranks in the upper tenth percentile of major global indices measuring ease of doing business, economic freedom, and competitiveness," the State Department reported.

"Taiwan’s investment climate has improved in recent years with expanded cross-Strait trade with mainland China and expansion of trade links with other partners in the Asia Pacific region, as well as reforms to enhance protection of 澳洲幸运5官方开奖结果体彩网:intellectual property rights and rationalize other investment-related regulations. As a relatively open and liberal economy, Taiwan has historically benefited from substantial 澳洲幸运5官方开奖结果体彩网:foreign direct investment, with a total stock of USD 126 billion in a🐭pproved investment as of 2014."

An emerging market economy is a nation's economy that is progressing toward becoming advanced, as shown by some 澳洲幸运5官方开奖结果体彩网:liquidity in local debt and 澳洲幸运5官方开奖结果体彩网:equity markets, and the existence of some form of market exchange and regulatory body. Emerging markets are not as advanced as developed countries but maintain economies and infrastructures that are more advanced than 澳洲幸运5官方开奖结果体彩网:frontier market countries.