Taipei, Dec. 20 (CNA) Shares in Taiwan closed lower Monday as contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) came under heavy pressure, contributing significantly to the broader market falling by more than 140 points, according to dealers.
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.
TSMC shares dip below NT$600, sending Taiex lower
04/21/2021 11:48 AM
CNA file photo
Taipei, April 21 (CNA) Shares in contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) fell below the NT$600.00 (US$21.43) mark Wednesday morning as investors took their cue from a plunge in tech stocks on U.S. markets overnight, dealers said.
As the most heavily weighted stock on the local market, TSMC s losses sent ripples through the broader market amid fears that recent solid gains on the local equity market could suffer a major technical pullback, they said.
As of 11:42 a.m., TSMC shares had lost 1.33 percent at NT$595.00 with 19.50 million shares changing hands on the Taiwan Stock Exchange, where the benchmark weighted index, the Taiex, was down 0.46 percent at 17,244.14 points.