Business

TSMC Rally Propels Taiex to Record High Close

Taipei: Shares in Taiwan closed at a fresh record high Wednesday, with the Taiex jumping more than 500 points in the final session before the Lunar New Year break, as heavyweight Taiwan Semiconductor Manufacturing Co. (TSMC) continued to draw buying i…

MSCI Adjusts Taiwan’s Weighting in Major Indexes

Taipei: MSCI Inc., a global index provider, has raised Taiwan’s weighting in one of its major indexes but cut the weighting in two other indexes after a regular index review.

According to Focus Taiwan, MSCI announced an upgrade of Taiwan’s weighting…

Taiwan Shares Close Up 1.61% as Market Sees Positive Turnaround

Taipei: Taiwan shares ended up 532.74 points, or 1.61 percent, at 33,605.71 Wednesday on turnover of NT$674.08 billion (US$21.47 billion).

According to Focus Taiwan, the stock market in Taiwan experienced a notable increase, reflecting a positive ch…

Taiwan Shares Open Higher on Wednesday

Taipei: The Taiwan Stock Exchange’s main index experienced an uptick as trading commenced on Wednesday, with the index opening up 13.18 points at 33,086.15. The initial turnover for the session was recorded at NT$12.11 billion (US$384.67 million).

A…

Taiwan Stock Exchange Surges Past 33,000 Points on TSMC Gains

Taipei: Shares in Taiwan ended at the day’s high of 33,072.97 points Tuesday, as Taiwan Semiconductor Manufacturing Co. (TSMC) scored strong gains after its American depositary receipts (ADRs) closed at a record price overnight, dealers said. This mar…