The US authorities filed a lawsuit against Facebook - what are the implications?
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.
Russian media companies are complaining that Youtube and Facebook block them. So sad. Now, what about the stock price?
Have you seen the Tesla stock price? But it has already dropped from that high... will it move up again?
The European Central Bank will publish the monetary policy statement with the interest rate decision on January 21, at 14:45 MT time.
Joe Biden is going to unveil a Covid-19 relief package of about $2 trillion. After this announcement, the 10-year Treasury yield rose, adding support for the USD.
The US dollar’s weakness offered a boost to emerging-market currencies and oil.