Taiwan stocks have traded near 45,000 points amid geopolitical uncertainty, Federal Reserve policy concerns and capital rotation. The TAIEX fell 2.39% in the week through Aug. 24, 2026, while Taiwan equity prototype ETFs declined an average of 2.61%, but 11 ETFs gained, all of them high-dividend ETFs. Sinopac Premium Income Equity ETF (00907) rose 2.76%, while four other named high-dividend funds gained more than 1%. Analysts say their relatively attractive valuations and stable cash flows are supporting defensive demand as investors shift from growth stocks toward profitability and dividends. Six major financial holding companies will hold back-to-back investor conferences this week, with second-half profitability and dividend policies in focus, although foreign investors sold several financial stocks last week while buying actively managed Taiwan equity ETFs. Uni-President Active Taiwan Equity Growth (00981A.TW) and Fuh Hwa Active Taiwan Future 50 (00991A.TW) attracted combined foreign buying of 178,000 lots and rebounded more than 20% from their July 30 lows; 00981A reclaimed the year-to-date lead with a gain of 70%. Yuanta Taiwan Value High Dividend raised its monthly distribution to NT$0.055, a record since listing and its second increase this year. Fund managers expect short-term consolidation but remain positive on AI-related demand and advanced semiconductor technologies over the longer term.