MSCI today (13) announced the weight of Taiwanese shares. In this MSCI weight adjustment, the weight of the “MSCI Global Emerging Markets Index” was lowered from 15.67% to 15.56%, a decrease of 0.11 percentage points; the weight of the “MSCI Asia Ex-Japan Index” was reduced from 18.01% was lowered to 17.9%, a decrease of 0.11 percentage points; the weight in the “MSCI Global Market Index” was increased from 1.7% to 1.71%, an increase of 0.01 percentage points; the latest weight will take effect at the close of 5/31.
As for the constituent stocks of the MSCI Taiwan Index, 4 new constituent stocks are added this time. After the deletion of 3 tranches, the total index constituent stocks will be 87 tranches. This time, there are 18 tranches of constituent stocks that have adjusted the number of outstanding shares. The largest increase was the newly added component Power Semiconductor Manufacturing Company (6770-TW(2049-TW) with a change weight of -0.19%.
In this quarterly adjustment of MSCI, observe the “MSCI Global Emerging Markets Index”. The countries with the most weight increases this time, China and Indonesia, have increased their weights by 0.32 and 0.03 percentage points respectively; and the country with the most weight reductions this time is India, with their weights increasing by 0.32 and 0.03 percentage points respectively. It was lowered by 0.17 percentage points, and the weights of other countries did not change much.
The legal person said that Taiwan’s economic countermeasure signal signal in March fell to a green light. Among them, the leading indicator excluding trend index continued to decline, and at the same time, the index excluding trend index also continued to decline, indicating that the domestic economy has slowed down, and the latest announcement Taiwan’s seasonally adjusted index of industrial production (IP) fell 6.5% in March from the previous month, the biggest monthly drop since December 2008, following several months of gains.
The legal person further pointed out that due to the recent hawkish monetary policy of important economies, the global supply chain chaos caused by the raging of the variant virus Omicron, and the impact of international geopolitical tensions between Russia and Ukraine, etc., financial market volatility may intensify. Before the factors become clearer, it is recommended that investors should still be cautious in short-term operations.