What is pulling the stocks down?
Besides coronavirus, other news has been driving the stocks of Apple, Wallmart and General Motors to the lower levels.
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.
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Will coronavirus continue keeping the markets in fear? What releases should we wait for? Find out in the news!
TESLA needs more money
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The assets wrap: the best, the worst, and the most volatile
Let’s consider the best and the worst-performing assets as Monday’s session kicks in.
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