Published • loading... • Updated
TAIEX takes 3rd-largest hit on record
Foreign investors sold a net NT$87.56 billion as AI and semiconductor shares tumbled, fueling the Taiex's third-largest point decline on record.
Summary by Taipei Times
3 Articles
3 Articles
TAIEX takes 3rd-largest hit on record
The TAIEX suffered its third-largest point decline on record yesterday as investors continued a global retreat from tech shares amid concerns over the artificial intelligence (AI) boom, plunging 2,030.83 points, or 4.65 percent, to close at 41,603.36.The loss was exacerbated by a sharp selloff in gl
·Taipei, Taiwan
Read Full Article
Affected by the collective decline in Asian stock markets on the 28th, the Taiwan stock market also experienced panic selling pressure, plunging 2069.19 points during the session, marking the fifth largest single-day drop in history. It closed at 41603.36 points, down 2030.83 points, the third largest closing drop in history, a decrease of 4.65%, with the turnover increasing to NT$809.482 billion.
·New York, United States
Read Full ArticleCoverage Details
Total News Sources3
Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
Factuality
To view factuality data please Upgrade to Premium
