HONG KONG, Sept. 12 (Xinhua) -- JP Morgan Asset Management's Taiwan investor confidence index breached the 100-point level and plunged to 88.6 in September, the lowest level in 21 months, according to media reports reaching here from Taipei.

The July figure was 102.8.

JP Morgan attributed the low confidence to corruption-related scandals in the province and worries about interest rate hikes in the world's major economies.

The asset management company interviewed 1,046 Taiwan investors aged 20 or above during Aug. 9 to Aug. 31 on six indicators, including their views on the prospects of Taiwan's stock market and the economy for the coming six months.

Only two indicators scored 100 or more, while the other four fell to "below confidence" levels, according to the survey results.

The survey also found that over the past year 62.8 percent of Taiwan investors had made profits from their investment outside the province, with 13.7 percent reporting losses, while 10 percent failed to answer or did not know their investment results.

During the same time, about 37 percent of those investing in Taiwan have gained while another 37 percent said they had lost, according to the survey. Enditem