Daily BriefsEnergy & Materials Sector

Daily Brief Energy/Materials: Tung Ho Steel Enterprise and more

In today’s briefing:

  • Quiddity Leaderboard TDIV Mar 25: US$208mn Capping Flows One-Way; New Trade Idea
  • Quiddity Leaderboard T50/​​​100 Mar 25: Tung Ho Steel TDIV Deletion Very Close


Quiddity Leaderboard TDIV Mar 25: US$208mn Capping Flows One-Way; New Trade Idea

By Janaghan Jeyakumar, CFA

  • The TDIV index tracks the top 50 names in the Taiwan Stock Exchange with the highest dividend yields. It is a yield-weighted index with unique capping rules.
  • In this insight, we take look at Quiddity’s expectations for index changes and capping flows for the TDIV Index for the March 2025 index rebal event.
  • Currently, we expect no deletions (but one is pretty close) and we estimate the one-way capping flow to be US$208mn.

Quiddity Leaderboard T50/​​​100 Mar 25: Tung Ho Steel TDIV Deletion Very Close

By Janaghan Jeyakumar, CFA

  • The T50 index represents the top 50 largest stocks by market capitalization in the Taiwan Stock Exchange (TWSE). The T100 index represents the next 100 largest names (51-150 ranks).
  • In this insight, we take a look at the potential ADDs and DELs for the March 2025 index rebal event.
  • Currently, we see one change for T50 and one change for T100 but there are two more months to the base date and our expectations may change before then.

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