News / Taiwan / cnyes
Taiwan Brokerage Profits Halved in July Amid Market Sell-off
Finance · Investment Banks/Brokers · cnyes · 2026-08-26
Taiwanese brokerages saw their monthly profits plummet by nearly 60% in July as a historic market correction led to losses in proprietary trading and underwriting.
What Happened
Market Correction Impact: A historic 3,000-point drop in the Taiwan Stock Exchange index during July significantly impacted brokerage earnings, with monthly net profits falling to NT$10.96 billion.
Trading and Underwriting Losses: Proprietary trading and underwriting businesses both swung to losses in July, serving as the primary drivers behind the 58.75% month-over-month decline in total brokerage profits.
Brokerage Activity Slowdown: Heightened market caution led to a decline in trading volume, with total market turnover dropping by over 20% compared to June, directly impacting commission income.
Strong Year-to-Date Performance: Despite the sharp monthly decline, cumulative net profit for the first seven months of the year remains strong at NT$155.05 billion, up significantly from the same period last year.
Read original
More in Finance
Finance · economic_daily · 2026-08-26
Taiwan stocks surged as foreign investors turned net buyers, showing a strong preference for active ETFs while offloading shares in shipping and tech firms.
00403, 00406, 0050, 00712, 00981
Finance · cnyes · 2026-08-26
The Taipei Exchange (TPEx) has successfully guided over 600 startups through its 'Go Incubation Board,' helping nine companies achieve public listings.
7747
Finance · cnbc · 2026-08-26
Rising mortgage interest rates have led to a decline in loan application volume, with both purchase and refinance activity feeling the pressure of higher borrowing costs.
@LCO26V
Latest in Taiwan
Technology Services · economic_daily · 2026-08-26
KKCompany, the parent firm of music streaming platform KKBOX, will debut on Taiwan's Emerging Stock Board after integrating with PressPlay to expand its AI and creator economy business.
Finance · economic_daily · 2026-08-26
Taiwan stocks surged as foreign investors turned net buyers, showing a strong preference for active ETFs while offloading shares in shipping and tech firms.
00403, 00406, 0050, 00712, 00981
Health Technology · economic_daily · 2026-08-26
Medigen Vaccine's stock price hit the daily limit with a gap-up opening and increased volume, sparking speculation over the reasons behind recent heavy foreign institutional buying.
Process Industries · cnyes · 2026-08-26
Formosa Plastics Corp reported a return to profitability in H1 due to low-cost inventory, but plans to reduce production in Q3 to manage high raw material costs.
1305