Virgin Galactic’s Branson flew to space, but the stock of Virgin Galactic (SPCE) dropped. Why?
Taiwan equities rally at close of trade
On Wednesday, Taiwan equities added after the close because profits in the Semiconductor, Plastic as well as Electricity sectors underpinned stocks.
The Taiwan Weighted gained 1.03% reaching a fresh all time maximum.
On the Taiwan Weighted the best performance was demonstrated by Logah Technology Corp, Min Aik Precision Industrial Co Ltd and Well Shin Technology Co Ltd. These benchmarks managed to grow respectively 10.00%, 9.93% and 9.85%.
On the contrary, Optotech Corp, Nien Hsing Textile Co Ltd and Lien Chang Electronic Enterprise Co Ltd appeared to be the worst performers of the trading session, losing 9.50%, 8.76% and 8.59% respectively.
On the Taiwan Stock Exchange sagging equities supplanted jumping shares by 429 to 352, while 93 were intact.
Stocks in Nien Hsing Textile Co Ltd sank to 5-year maximums, diving 8.76% being worth 33.35. As for equities in Well Shin Technology Co Ltd, they rallied to 3-years peaks, growing 9.85% and hitting 60.20.
The currency pair USD/TWD slumped 0.32% reaching 30.272, TWD/CNY ascending 0.23% boasting 0.2178.
What will happen? The FOMC statement will be published at 21:00 MT (GMT+3) on Wednesday, July 28…
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