Taipei, March 4 (CNA) 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 TAIEX yesterday plunged 1.88 percent to close below 16,000 points following an overnight dive on the tech-heavy NASDAQ and the Philadelphia Semiconductor Index in the US.
The benchmark index fell 305.32 points to close at 15,906.41, below the monthly moving average of 15,951.
Turnover totaled NT$327.678 billion (US$11.59 billion) during the trading session.
Foreign institutional investors sold a net NT$52.52 billion of shares on the main board, Taiwan Stock Exchange data showed.
Contract chipmakers Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and United Microelectronics Corp (UMC, 聯電) led the main board, moving lower throughout the session after their American depositary receipts dropped 2.47 and
Taiwan shares end little changed on profit taking
03/02/2021 05:25 PM
CNA photo March 2, 2021
Taipei, March 2 (CNA) Shares in Taiwan closed little changed Tuesday after investors locked in their earlier gains on the first trading session following the three-day 228 Peace Memorial Day weekend, dealers said.
Market sentiment remained haunted by fears over possible further volatility on the U.S. stock markets at a time of a likely continued spike in yields of treasury bills in the United States, the dealers said.
The weighted index on the Taiwan Stock Exchange (Taiex) ended down 6.92 points, or 0.04 percent, at the day s low of 15,946.88, after coming off a high of 16,262.91. Turnover stood at NT$333.39 billion (US$11.94 billion).
Taiwan shares recoup early losses to end up; IC sector falls
02/23/2021 05:43 PM
CNA file photo
Taipei, Feb. 23 (CNA) Shares in Taiwan closed slightly higher Tuesday, recovering from early losses caused by selling in large-cap semiconductor stocks, in a market awash in liquidity, dealers said.
While contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) led the integrated circuit sector to move lower throughout the session, buying rotated to old economy and financial stocks, as investors with large funds sought a safe haven to park their money, dealers added.
The Taiex, the weighted index on the Taiwan Stock Exchange (TWSE), ended up 33.24 points, or 0.20 percent, at 16,443.40, after moving between 16,211.75 and 16,467.75. Turnover totaled NT$367.03 billion (US$12.66 billion) during the session.
Shares end down despite rebound in second half of day
Staff writer, with CNA
The TAIEX closed lower yesterday as investors chose to pocket gains from the previous two sessions, but losses were limited by a rally in the final two hours of trading boosted by strong market liquidity, dealers said.
While large-cap tech stocks, including contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), felt pressure, optoelectronics stocks, such as smartphone camera lens supplier Largan Precision Co (大立光), and select old-economy stocks drew interest, they said.
The TAIEX closed down 83.13 points, or 0.51 percent, at 16,341.38 on turnover of NT$346.82 billion (US$12.24 billion).
“It was not surprising that the market pulled back today after a strong showing on Wednesday, as many investors tended to pocket their gains,” Mega International Investment Services Corp (兆豐國際投顧) analyst Alex Huang (黃國偉) said.