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Taiwan shares edge down in consolidation mode

Taiwan shares edge down in consolidation mode
focustaiwan.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from focustaiwan.tw Daily Mail and Mail on Sunday newspapers.

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Taiwan shares end flat as earlier gains eroded

Taiwan shares end flat as earlier gains eroded
focustaiwan.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from focustaiwan.tw Daily Mail and Mail on Sunday newspapers.

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Taiwan shares close slightly up in consolidation mode

Taiwan shares close slightly up in consolidation mode
05/26/2021 04:54 PM
CNA file photo
Taipei, May 26 (CNA) Shares in Taiwan moved in consolidation mode, ending slightly higher Wednesday after lackluster performance on U.S. markets overnight, dealers said.
After a surge the previous day, many tech heavyweights paused to limit the movement of the broader market, while buying rotated to select old economy stocks, giving support to the main board, the dealers said.
The Taiex, the weighted index on the Taiwan Stock Exchange, ended up 48.02 points, or 0.29 percent, at 16,643.69, after moving between 16,523.23 and 16,706.29. Turnover totaled NT$425.76 billion (US$15.32 billion).
The market opened up 0.30 percent as the bellwether electronics sector continued from Tuesday s momentum to move higher, but with the Taiex breaching the 16,700-point mark at one point, selling followed to erode the earlier gains, the dealers said. ....

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Taiwan shares plunge over 600 points; turnover hits high

Taiwan shares plunge over 600 points; turnover hits high
05/11/2021 05:29 PM
CNA photo on May 11
Taipei, May 11 (CNA) Shares in Taiwan took a beating Tuesday, led by the bellwether electronics sector, as selling was sparked by a plunge suffered by tech stocks on United States markets overnight, dealers said.
The heavy losses across the board also reflected cautious market sentiment amid escalating worries over an increase in domestically transmitted COVID-19 cases, which prompted the government to tighten its measures to fend off infections by banning large gatherings, the dealers said.
The Taiex, the weighted index on the Taiwan Stock (TWSE), ended down 652.48 points, or 3.79 percent, at 16,583.13, after moving between 16,460.87 and 17,137.19. Turnover totaled NT$714.84 billion (US$25.65 billion), the highest level in history. ....

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Taiwan shares end lower; tech sector hit hard

Taiwan shares end lower; tech sector hit hard
05/05/2021 04:37 PM
CNA file photo
Taipei, May 5 (CNA) Shares in Taiwan closed lower Wednesday as investors locked in gains they had built up in electronic shares amid concerns over further volatility in tech stocks on American markets, dealers said.
The semiconductor sector faced heavy downward pressure, dragging the entire tech sector lower, while old economy stocks largely staged a rebound from a day earlier, dealers said.
The Taiex, the weighted index on the Taiwan Stock Exchange (TWSE), ended down 90.34 points, or 0.53 percent, at the day s low of 16,843.44, off a high of 17,052.20.
Turnover totaled NT$455.13 billion (US$16.27 billion). ....

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