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Share prices plunge on local bourse

Share prices plunge on local bourse

Taipei, Oct. 29 (CNA) Taiwan's share prices plunged Thursday, with the weighted index, the market's key barometer, dropping 178.26 points, or 2.36 percent, to close at 7,355.69.
The local bourse opened at 7,417.13 and fluctuated between 7,426.47 and 7,233.63 during the day's trading session.
A total of 5.15 billion shares changed hands on market turnover of NT$144.99 billion (US$4.45 billion).
All eight major stock categories lost ground, with construction issues moving down the most at 5.21 percent. Paper and pulp stocks declined 4.08 percent, banking and financial shares dropped 3.94 percent, textile stocks fell 3.31 percent, foodstuff issues shed 2.86 percent, cement stocks were down 2.62 percent, plastics and chemicals shares lost 2.31 percent, and machinery and electronics shares declined 1.96 percent.
Losers outnumbered gainers 2,387 to 477, with 85 stocks remaining unchanged.
Foreign institutional investors were net sellers of NT$22.21 billion-worth of shares.
(By Nick Huang)




Updated : 2021-04-23 19:47 GMT+08:00