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Taiwan shares under pressure on U.S. plunge 07/20/2021 11:50 AM CNA file photo Taipei, July 20 (CNA) Taiwan shares came under pressure Tuesday morning after the Dow Jones Industrial Average plunged by more than 700 points amid fears over the global spread of the Delta variant of COVID-19, dealers said. The downturn in Taiwan was limited, however, because of the resilience of some tech heavyweights, they said. As of 11:43 a.m., the Taiex, the Taiwan Stock Exchange s (TWSE) benchmark weighted index, had fallen 198.31 points, or 1.11 percent, to 17,590.94, after hitting an early low of 17,563.31. Turnover was NT$307.43 billion (US$10.98 billion). The local market took a beating in the previous two sessions, led by contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) because of its disappointing second quarter results, MasterLink Securities analyst Tom Tang said.

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