Page 29 - பிலடெல்பியா குறைக்கடத்தி குறியீட்டு News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Taiwan shares end little changed, recovering earlier losses
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Nasdaq Remains Sharply Higher After Early Rally, Dow And S&P 500 Posting Strong Gains
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U S Stocks Close Starkly Mixed Amid Increase In Bond Yields
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(CNA photo) Shares in Taiwan plunged 1.88 percent to close below 16,000 points on Thursday following an overnight dive in the tech-heavy Nasdaq index and the Philadelphia Semiconductor Index in the United States. The Taiwan Stock Exchange Weighted Index (TAIEX) fell 305.32 points, breaching the 16,000 barrier to close at 15,906.41, below the monthly moving average of 15,951. Turnover totaled NT$327.68 billion (US$11.77 billion) during the trading session. Contract chipmakers Taiwan Semiconductor Manufacturing Co. (TSMC) and United Microelectronics Corp. (UMC) led the main board, moving lower throughout the session after their American depositary receipts (ADRs) dropped 2.47 percent and 3.72 percent, respectively, in the U.S. overnight. TSMC, the most heavily weighted stock on the local market, fell 3.38 percent to close at NT$601.00, while UMC dropped 5.49 percent to end at NT$49.05.