Taiwan shares keep falling amid COVID-19 panic
05/13/2021 06:17 PM
CNA photo May 13, 2021
Taipei, May 13 (CNA) Taiwan s stock market continued a downward trend Thursday, finishing the session 1.46 percent lower amid escalating fears over a spike in domestic COVID-19 cases, but remained above the six-month moving average of 15,588 points.
The Taiwan Stock Exchange weighted index, or Taiex, ended down 232.27 points, or 1.46 percent, at 15,670.10 after moving between 15,368.54 and 16,031.93. Turnover totaled NT$568.28 billion (US$20.32 billion).
Shares continued their downward trend from the previous day, when the weighted index ended down 680.76 points, or 4.11 percent, at 15,902.37, after tumbling by more than 1,000 points in early trading amid the spike in the number of domestically transmitted COVID-19 cases.