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Taiwan's Stock Crash Deepens as Traders Unwind Leveraged Bets


Taiwan’s Stock Crash Deepens as Traders Unwind Leveraged Bets
Bloomberg
2 hrs ago
Sofia Horta e Costa
(Bloomberg) Taiwan stocks sank for a third day in volatile trading, extending a rout that’s triggered the fastest liquidation of leveraged positions since 2018.
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The Taiex closed 1.5% lower at 15,670.10 points, taking its decline from the April 27 peak to 11%, a technical correction. Over the past four days, the benchmark lost 9.3% on concerns over further tightening of coronavirus-linked restrictions. It briefly pared losses on Thursday morning after Apple Daily reported that the government sees a lower chance of raising the Covid-19 alert level. ....

T Ai Pei , Su Jain Rong , Huang Wen Ching , Taishin Securities Investment Advisory Co , Taiwan National Stabilization Fund Committee , Financial Supervisory Commission , Committee On , Apple Daily , Taipei Times , Taishin Securities Investment Advisory , Bloomberg Market , National Stabilization Fund Committee , Finance Committee , டி ஐ பேய் , சு ஜெயின் றோங்க் , நிதி மேற்பார்வை தரகு , குழு ஆன் , ஆப்பிள் தினசரி , தைப்பே முறை , ப்ளூம்பெர்க் சந்தை , தேசிய உறுதிப்படுத்தல் நிதி குழு , நிதி குழு ,

Stabilization fund commission mulls meeting after market plunge


Stabilization fund commission mulls meeting after market plunge
05/12/2021 07:41 PM
CNA file photo
Taipei, May 12 (CNA) The National Stabilization Fund commission could meet soon following heavy losses on the local equity market, at a time of rising fears over domestically transmitted COVID-19 cases in Taiwan, Finance Minister Su Jain-rong (蘇建榮) said Wednesday.
When asked by lawmakers whether the stabilization fund would intervene in the market to smooth volatility, Su said that the commission could meet shortly to discuss whether to enter the market.
The NT$500 billion (US$17.85 billion) stabilization fund was set up in 2000 by the government to serve as a buffer against unexpected external factors that might disrupt the local bourse. ....

T Ai Pei , Frances Huang , Su Jain Rong , Wu Chia Jung , Shen Jong Chin , Juan Ching Hwa , Taiwan Stock Exchange , National Stabilization Fund , Central Epidemic Command Center , Finance Minister Su Jain Rong , Vice Premier Shen Jong Chin , Vice Finance Minister Juan Ching Hwa , டி ஐ பேய் , பிரான்சிஸ் ஹுவாங் , சு ஜெயின் றோங்க் , வு சியா ஜங் , ஷென் ஜாங் கன்னம் , ஜுவான் சிங் ஹ்வா , டைவாந் ஸ்டாக் பரிமாற்றம் , தேசிய உறுதிப்படுத்தல் நிதி , மைய பெருவாரியாக பரவும் தொற்று நோய் கட்டளை மையம் , நிதி அமைச்சர் சு ஜெயின் றோங்க் , துணை ப்ரிமியர் ஷென் ஜாங் கன்னம் , துணை நிதி அமைச்சர் ஜுவான் சிங் ஹ்வா ,

Virus jitters send TAIEX plummeting

The TAIEX yesterday sank by 680.76 points, or 4.11 percent, to close at 15,902.37 points, the second-
largest one-day drop after a fall of 696 points on Jan. 30 last year, amid concern over the rising number of local COVID-19 infections, analysts said.
The weighted index, which closed at 16,583.13 points on Tuesday, opened down and lost 300 points in the first 15 minutes of trading, before climbing to 16,550 points at 9:46am, Taiwan Stock Exchange (TWSE) data showed.
However, it lost its footing again, plunging 1,400 points to 15,165.27 points at 11:25am. That represented a drop of 9 percent the largest ....

T Ai Pei , Frank Juan , Su Jain Rong , Shen Jong Chin , David Chu , Kao Shih Ching , Sam Yeh , Mediatek Inc , Taiwan Stock Exchange , United Microelectronics Corp , Prudential Financial Securities Investment Trust Enterprise Co , Taipei Times , Taiwan Semiconductor Manufacturing Co , Hon Hai Precision Industry Co , National Stabilization Fund Committee , Hua Nan Securities Investment Management Co , National Stabilization Fund , Crystal Hsu , Finance Su Jain Rong , Finance Committee , Wang Yi Sung , Vice Premier Shen Jong Chin , Finance Frank Juan , The Taipei Times , டி ஐ பேய் , வெளிப்படையான ஜுவான் ,

Taiwan stock market index plunges below 17,000 mark | Taiwan News


2021/05/04 15:49
Investors watching the Taiex stumble Tuesday 
Investors watching the Taiex stumble Tuesday 
(CNA photo)
TAIPEI (Taiwan News) Taiwan’s stock market index, the Taiex, plunged 500 points Tuesday (May 4) morning before closing down 288.57 points, falling below the 17,000 mark.
The 1.68-percent drop saw the Taiex end at 16,933.78 on a record turnover of NT$664.2 billion (US$23.76 billion), CNA reported. The Taiex first broke through the psychological barrier of 17,000 on April 15.
While short-term fluctuations are unavoidable, the economic outlook for the country still looks good in the longer term, with the government recently estimating that economic growth during the first quarter reached 8.16 percent, Finance Minister Su Jain-rong (蘇建榮) said. ....

T Ai Pei , Su Jain Rong , Taiwan Semiconductor Manufacturing Co Ltd , China Airlines , Taiwan News , Finance Minister Su Jain Rong , டி ஐ பேய் , சு ஜெயின் றோங்க் , டைவாந் குறைக்கடத்தி உற்பத்தி இணை லிமிடெட் , சீனா விமான நிறுவனங்கள் , டைவாந் செய்தி , நிதி அமைச்சர் சு ஜெயின் றோங்க் ,