Taipei: Taiwan’s stock market tumbled sharply Wednesday as heavy selling in major technology stocks triggered a broad-based decline, sending the benchmark index below its monthly moving average and erasing all of the previous session’s gains. The Taie…
Taipei: Taiwan shares ended down 1,478.9 points, or 3.31 percent, at 43,225.54 Wednesday on turnover of NT$1.32 trillion (US$41.46 billion).
According to Focus Taiwan, the decline marked a significant drop in the stock market, reflecting a shift in…
Taipei: Taiwan Semiconductor Manufacturing Co. (TSMC) on Wednesday reported record monthly revenue of NT$416.975 billion (US$13.19 billion) in May, putting the world’s largest contract chipmaker on track to set a record for quarterly revenue.
Accord…
Taipei: Shares in Taiwan staged a strong technical rebound Tuesday led by the electronics sector after a U.S. tech rally overnight, while buying also rotated to financial stocks, giving an additional boost to the broader market, dealers said. The Taie…
Taipei: Taiwan shares ended up 1,201.66 points, or 2.76 percent, at 44,704.44 Tuesday on turnover of NT$1.15 trillion (US$36.16 billion).
According to Focus Taiwan, the substantial increase in the Taiwan stock market was marked by a notable rise in …
Taipei: The Taiwan Stock Exchange’s main index experienced an increase as it opened 184.84 points higher at 43,687.62. This rise occurred on Tuesday with a turnover of NT$22.71 billion (US$713.27 million).
According to Focus Taiwan, the index’s early…
