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Taiwan shares end down on tech losses 05/10/2021 06:15 PM To activate the text-to-speech service, please first agree to the privacy policy below. Taipei, May 10 (CNA) Shares in Taiwan closed lower Monday as investors rushed to lock in gains built up in the electronics sector, particularly semiconductor stocks, a session earlier, dealers said. Buying rotated to non-tech stocks in the raw material industry amid optimism toward a global recovery in demand, and the financial sector also attracted bargain hunting, which prevented the broader market from falling further, the dealers added. The Taiex, the weighted index on the Taiwan Stock Exchange (TWSE), ended down 49.39 points, or 0.29 percent, at 17,235.61, after moving between 17,188.15 and 17,304.47. Turnover totaled NT$490.215 billion (US$17.51 billion). ....
Taiwan shares bounce back from early losses to reach record high 04/20/2021 06:37 PM CNA file photo Taipei, April 20 (CNA) Shares in Taiwan closed at a new high Tuesday, as bargain hunters took advantage of the main board s early losses to pick up some large-cap stocks, dealers said. Contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) and China Steel Corp., the largest steel maker in the country, were the two favorites, particularly in late trading, dealers said. The Taiex, the weighted index on the local market, ended up 60.59 points, or 0.35 percent, at an all-time high of 17,323.87, breaking its record for the fifth day in a row. Turnover totaled NT$439.67 billion (US$17.70 billion). ....
Taiwan shares end at new high led by non-tech stocks 04/19/2021 05:50 PM CNA file photo Taipei, April 19 (CNA) Shares in Taiwan rallied Monday as buying rotated to non-tech stocks, in particular raw material and shipping firms with investors betting on a strong global economic recovery, dealers said. Interest in old economy and financial stocks offset the downturn suffered by large cap electronics stocks such as contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) and other semiconductor heavyweights, helping the broader market to close at a record high, they said. The Taiex, the weighted index on the Taiwan Stock Exchange (TWSE), ended up 104.47 points, or 0.61 percent, at 17,263.28, after moving between 17,135.52 and 17,294.15. Turnover totaled NT$440.37 billion (US$15.62 billion). ....
Taiwan shares end above 17,000 points 04/15/2021 06:32 PM CNA file photo Taipei, April 15 (CNA) Shares in Taiwan rose sharply Thursday by more than 200 points to close above the 17,000 mark, as investors ignored the mixed U.S. markets overnight, dealers said. Buying was seen across the board, with large-cap tech stocks gaining momentum in late trading and old economy and financial stocks attracting buying amid optimism about a cyclical recovery, dealers said. The Taiex, the benchmark weighted index on the Taiwan Stock Exchange (TWSE), ended up 210.76 points, or 1.25 percent, at 17,076.73, after moving between 16,851.06 and 17,076.73. Turnover totaled NT$360.96 billion (US$12.7 billion). The market opened down 0.09 percent at the day s low, in the wake of a mixed U.S. market, where the Dow Jones Industrial Average gained a modest 0.16 percent and the tech-heavy Nasdaq dropped 0.99 percent Wednesday, dealers said. ....
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