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. 22 (CNA) Shares in Taiwan took a beating Tuesday, tumbling more than 250 points with market sentiment spooked by escalating tensions between Russia and Ukraine.
Taipei, Feb. 11 (CNA) Shares in Taiwan closed slightly lower Friday after contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC), the most heavily weighted stock in the local market, staged a rebound to help the market recover from early losses, dealers said.
Taipei, Feb. 7 (CNA) Shares in Taiwan moved sharply higher, rising more than 200 points in the first trading session after the long Lunar New Year holiday on Monday, with buying sparked by a rally on the U.S. markets during the break, according to dealers.
The TAIEX yesterday closed sharply higher, rising more than 200 points in the first trading session after the Lunar New Year holiday, with buying sparked by a rally on US markets during the break.
Investors focused on old-economy stocks, especially the transportation sector, which had consolidated for a time, as well as the raw material industry following product price increases.
The bellwether electronics sector underperformed the broader market, as contract chipmakers such as Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) weakened.
The weighted index closed up 225.90 points, or 1.28 percent, at the day’s high of 17,900.30, after coming off a low of 17,712.35.