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Lite-On posts its worst net profit in four quarters

Bringing Taiwan to the World and the World to Taiwan ....

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《TAIPEI TIMES》TAIEX recovers after shock over shooting of Abe - 焦點

SHOW OF CONFIDENCE: Local institutional investors have been net purchasers of local stocks for three straight weeks unlike their foreign counterpartsBy Kao Shih-ching / Staff reporter ....

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TAIEX recovers after shock over shooting of Abe

The TAIEX yesterday bounced back to close 0.89 percent higher at 14,464.53 points, after news that former Japanese prime minister Shinzo Abe had been shot at a political campaign event sent the market tumbling in intraday trading, Taiwan Stock Exchange (TWSE) data showed.
The TAIEX joined other Asian stocks falling in afternoon trading after Abe’s assassination erased gains made earlier yesterday, the exchanges’ data showed.
Japan’s benchmark Nikkei 225 closed up 0.1 percent, Hong Kong’s Hang Seng Index closed up 0.38 percent, South Korea’s KOSPI rose 0.7 percent and Singapore’s Straits Times Index edged up 0.06 percent, while the Shanghai ....

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《TAIPEI TIMES》 TAIEX drops over 20％ from peak, entering bear market - 焦點

/ BloombergThe TAIEX slid again yesterday, declining more than 20 percent from a January high and entering a bear market. ....

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TAIEX drops over 20% from peak, entering bear market

The TAIEX slid again yesterday, declining more than 20 percent from a January high and entering a bear market.
The weighted index closed 3.3 percent lower in Taipei. Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which accounts for more than one-quarter of the index’s weighting, declined 4.73 percent to close at NT$4,553.5 amid broad weakness in the chip sector following Micron Technology Inc’s disappointing forecasts.
Tech-heavy equity markets in Taiwan and South Korea were among the worst performers in Asia last quarter, both down more than 15 percent amid rate hikes by global central banks. Foreign investors net sold more than US$16 ....

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