Taiwan shares dip 0.58% to end below 16,000 on high turnover
01/15/2021 05:51 PM
CNA photo Jan. 15, 2021
Taipei, Jan. 15 (CNA) Shares in Taiwan ended lower Friday, falling below 16,000 on high turnover after the stock market hit a new record during the session.
The weighted index on the Taiwan Stock Exchange (TWSE), or Taiex, ended down 90.80 points, or 0.58 percent, at 15,616.39 on expanded turnover of NT$433.16 billion (US$15.2 billion).
Boosted by a 6 percent rise overnight by the American depositary receipts (ADR) of Taiwan Semiconductor Manufacturing Company (TSMC), the weighted index soared 334 points at one point, reaching the historical high of 16,041.59 and fluctuating in a wide range of 426.48 points.