Taiwan stocks lose 3.4 per cent after Wall Street fall
2008-10-03 02:08:56

وكالة الأنباء السعودية - واس

Taipei, June 27, SPA -- Taiwan stocks ended 3.36 per cent lower Friday on
Wall Street's sharp overnight fall and local interest rate hikes, dealers said.
The Taiex weighted price index, which recovered some ground after
plunging nearly 4 per cent in early trading, finished at 7,548.76,
down 263.04 points.
Investor pessimism kept turnover slow at 122.481 billion Taiwan
dollars (4.45 billion US dollars).
All eight of the index's major sectors plunged with the
construction sub-index suffering the biggest loss at 6.1 per cent,
followed by paper at 5 per cent and financials at 3.8 per cent.
Analysts attributed the dive to Thursday's fall on Wall Street as
well as Taiwan's central bank's decision to raise the discount rate
and lift the reserve ratio on passbook savings and term deposits, an
action taken Thursday.
--SPA

المصدر http://www.spa.gov.sa/details.php?id=568854