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Taiwan shares surge as TSMC rebounds - Focus Taiwan

Taiwan shares surge as TSMC rebounds 03/03/2021 05:36 PM CNA photo March 3, 2021 Taipei, March 3 (CNA) Shares in Taiwan closed sharply higher Wednesday, with contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) recovering from its earlier losses, as investors shrugged off a plunge in U.S. tech stocks overnight, dealers said. In a market awash in liquidity, buying was also seen among old economy and financial stocks throughout the session, lending additional support to the broader market, dealers said. The Taiex, the weighted index on the Taiwan Stock Exchange (TWSE), ended up 264.85 points, or 1.66 percent, at the day s high of 16,211.73 after coming off a low of 15,884.55. Turnover totaled NT$302.23 billion (US$10.86 billion) during the session.

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Taiwan shares recoup early losses to end up; IC sector falls

Taiwan shares recoup early losses to end up; IC sector falls 02/23/2021 05:43 PM CNA file photo Taipei, Feb. 23 (CNA) Shares in Taiwan closed slightly higher Tuesday, recovering from early losses caused by selling in large-cap semiconductor stocks, in a market awash in liquidity, dealers said. While contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) led the integrated circuit sector to move lower throughout the session, buying rotated to old economy and financial stocks, as investors with large funds sought a safe haven to park their money, dealers added. The Taiex, the weighted index on the Taiwan Stock Exchange (TWSE), ended up 33.24 points, or 0.20 percent, at 16,443.40, after moving between 16,211.75 and 16,467.75. Turnover totaled NT$367.03 billion (US$12.66 billion) during the session.

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Semiconductor stocks under pressure after U S losses

Semiconductor stocks under pressure after U.S. losses 02/23/2021 11:25 AM CNA file photo Taipei, Feb. 23 (CNA) Taiwan s semiconductor stocks came under pressure Tuesday morning after similar stocks fell sharply in the United States overnight at a time of rising bond yields, dealers said. Contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) led the downturn on the local market after its American depositary receipts (ADRs) fell 2.26 percent in the U.S. on Monday, they said. Old economy stocks benefited from rotational buying in a market that is still highly liquid, helping the weighted index, the Taiex, offset the adverse affect of the tumbling tech stocks, dealers said.

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Acetone Market Trends and Growth Factors Analysis 2020 – 2026 | Mitsui Chemicals Inc , Sasol, Hindustan Organic Chemicals Limited, Domo Chemicals – KSU

Acetone Market Trends and Growth Factors Analysis 2020 – 2026 | Mitsui Chemicals Inc , Sasol, Hindustan Organic Chemicals Limited, Domo Chemicals – KSU
ksusentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ksusentinel.com Daily Mail and Mail on Sunday newspapers.

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Taiwan shares end down despite rebound in second half of session

Taiwan shares end down despite rebound in second half of session
focustaiwan.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from focustaiwan.tw Daily Mail and Mail on Sunday newspapers.

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