Market Wary of Another Sell-Off
April 04, 2011
The Taiwan Stock Exchange Weighted Index dropped 72.92 to 6086.16. Volume was 968 million shares, valued at 32.6 billion New Taiwan dollars. The selling of blue chip stocks in the heavily weighted financial sector accounted for almost half of Tuesday's losses, analysts said. Only speculative issues gained Monday, they said. Large-capitalization financial corporations led the decline. Cathay Life dropped NT$2 to NT$161, First Commercial Bank declined NT$3 to NT$150, and Chantay Hye Bade was down NT$3.50 to NT$147.50.
VastPress 2011 Vastopolis
