EQUITIES
<strong>TAIEX dips on Ukraine fears</strong>
The TAIEX closed slightly lower yesterday as market sentiment continued to be haunted by Russia’s invasion of Ukraine, which battered global equity markets overnight. Losses focused on the bellwether electronics sector, but rotational buying in old-economy stocks in a market awash in ample liquidity helped to limit the broader market’s downturn, dealers said. The TAIEX closed down 30.65 points, or 0.17 percent, at 17,867.60. Turnover totaled NT$293.357 billion (US$10.45 billion), with foreign institutional investors selling a net NT$19.27 billion of shares on the main board, Taiwan Stock Exchange data showed.
SEMICONDUCTORS
<strong>Mosel Vitelic net profit up</strong>
Foundry company