PORTFOLIO REBALANCING:

The adjustments in three global equity indices reflect rising investor appetite for semiconductor and artificial intelligence-related stocks

By Crystal Hsu /

Taiwan’s weighting in major global equity indices compiled by MSCI Inc is to rise modestly following the latest quarterly review, underscoring the market’s expanding role in emerging-market portfolios, as global investors continue to favor the nation’s technology sector.Taiwan’s weighting in the MSCI Emerging Markets Index is to increase by 0.30 percentage points to 23.76 percent, after the changes take effect at the close of the May 29 session.Its weighting in the MSCI All-Country Asia ex-Japan Index is to rise 0.37 percentage points to 27.16 percent, while that in the MSCI All Country World Index is to edge up slightly to 2.8 percent.

A smartphone screen displays the TAIEX’s movement in front of an electronic stock board in Taipei yesterday.