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Taiex

The TAIEX is Taiwan’s benchmark index, with technology companies accounting for just over a third of the market. Semiconductors are the main subsector.

Emerging-market stocks are always highly exposed to the local and global economy. Taiwan's benchmark index, the TAIEX, is no exception, with so-called cyclical stocks comprising 86% of the market. But while financials or commodities tend to dominate most emerging-market indices, in Taiwan's case, technology is the heavyweight industry, accounting for just over a third of the market. Semiconductors are the main subsector.

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The biggest defensive segment is consumer goods. Food and drink firms and personal and household goods producers make up most of this. They collectively comprise 8% of the market. The rest of that segment contains cyclical car and car-part makers.

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