Taipei, March 4 (CNA) Shares in Taiwan came under heavy pressure Friday after American markets fell overnight because of the crisis in Ukraine and concerns over an interest rate hike by the Federal Reserve, dealers said.
Asian shares on Friday mostly rose after US stocks recovered toward the end of a wild trading day as governments slapped sanctions on Russia for its invasion of Ukraine.
The TAIEX on Friday closed up 57.63 points, or 0.32 percent, while Japan’s benchmark Nikkei 225 surged 1.94 percent in afternoon trading to 26,476.50.
Australia’s S&P/ASX 200 lost some of its earlier gains to close 0.10 percent higher at 6,997.80.
South Korea’s KOSPI jumped 1.05 percent to 2,676.76, Hong Kong’s Hang Seng edged down 0.29 percent to 22,824.00, while the Shanghai Composite rose 0.62 percent to 3,451.40.
All of them fell from a week earlier,
Taipei, Feb. 25 (CNA) Shares in Taiwan staged a technical rebound Friday, after suffering heavy losses in the previous session, but the upturn was limited, as investors kept a close eye on an invasion of Ukraine by Russia, dealers said.
Taipei, Feb. 14 (CNA) Shares in Taiwan moved sharply lower by more than 300 points Monday after heavy losses on U.S. markets at the end of last week caused by concerns over a possible invasion of Ukraine by Russia, dealers said.
Taipei, Feb. 9 (CNA) Shares in Taiwan moved sharply higher to close above 18,100 points Wednesday as momentum on the local main board continued from the previous session in the wake of a rally on the U.S. markets overnight, dealers said.