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Taiwan shares under pressure across the board 07/28/2021 12:10 PM CNA file photo Taipei, July 28 (CNA) Taiwan shares took a beating Wednesday morning, falling 370 points at one point, as selling was seen across the board amid worries over volatility in the global market and the selling of shares by foreign institutional investors, dealers said. The market was driven by panic-led selling soon after it opened after the U.S. markets fell overnight, MasterLink Securities analyst Tom Tang said. The tech-heavy Nasdaq index fell 1.21 percent Tuesday and the Philadelphia Semiconductor Index fell 1.86 percent. As of 11:35 a.m., the weighted index on the Taiwan Stock Exchange (TWSE) had fallen 168.53 points, or 0.98 percent, at 17,101.34, off a low of 16,893.70, on turnover NT$407.18 billion (US$14.54 billion).

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