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Page 19 - யாங் மிங் கடல் போக்குவரத்து கார்ப் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Taiwan shares end slightly higher despite consolidation

Taiwan shares end slightly higher despite consolidation 04/27/2021 06:08 PM CNA file photo Taipei, April 27 (CNA) Shares in Taiwan closed slightly higher Tuesday after hitting another record high late in the session even as the market was consolidating, dealers said. Large cap tech stocks largely came under pressure as investors pocketed earlier gains, while buying rotated to select old economy stocks amid optimism over a global recovery, they said. The Taiex, the Taiwan Stock Exchange s (TWSE) weighted index, ended up 23.61 points, or 0.13 percent, at 17,595.90, after moving between 17,489.71 and 17,630.19. Turnover totaled NT$496.01 billion (US$17.78 billion), the second highest single day total ever. After yesterday s solid gains, many big semiconductor stocks took a pause today, Cathay Futures Consultant analyst Tsai Ming-han said.

CSBC ends five quarters of losses - Taipei Times

CSBC ends five quarters of losses By Kao Shih-ching / Staff reporter CSBC Corp, Taiwan (台船) yesterday reported a pretax profit of NT$34 million (US$1.2 million) for last quarter, ending five consecutive quarters of losses. The turnaround could be attributed to cost improvements and lower foreign exchange volatility, a CSBC official told the Taipei Times by telephone. Although the shipbuilder’s revenue fell 17.65 percent annually to NT$4.52 billion in the first quarter, its costs dropped at an even faster rate, thanks to production improvements at its two plants in Keelung and Kaohsiung. CSBC Corp, Taiwan chairman Cheng Wen-lung, sixth left, talks to company employees in Kaohsiung in an undated photograph.

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