Taiwan shares rally, led by semiconductor heavyweights 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.
Taipei, June 9 (CNA) Shares in Taiwan moved lower and closed below its nearest level of technical support at 17,000 points Wednesday, as investors remained concerned over an ongoing surge in COVID-19 cases, dealers said.
Taiwan shares end almost flat as old economy stocks weather pressure 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.
Taiwan shares plunge amid surge in COVID-19 cases
05/17/2021 06:05 PM
CNA file photo
Taipei, May 17 (CNA) Shares across the board in Taiwan took a beating Monday as fears mounted over a surge in COVID-19 cases and the imposition of restrictions on people s movements and business activity.
Both tech and non-tech sector stocks came under heavy pressure, while buying emerged in select biotech stocks and food suppliers on hopes that the disease will push up their sales, dealers said.
The Taiex, the Taiwan Stock Exchange s weighted index, ended down 473.20 points, or 2.99 percent, at 15,353.89, after moving between 15,159.86 and 15,719.74. Turnover totaled NT$480.19 billion (US$17.12 billion).
Taiwan shares smash records on strong tech gains
04/26/2021 06:23 PM
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Taipei, April 26 (CNA) Shares in Taiwan closed at a new high Monday as the bellwether electronics sector continued its momentum from a session earlier, while investors were encouraged by a rally among tech stocks on the U.S. markets at the end of last week, dealers said.
Buying focused on large semiconductor stocks amid optimism toward their business outlooks, while old economy and financials stocks moved largely higher to push up the broader market to the day s high at the end of the session, the dealers said.