Taiwan Stock Index Falls 1.6 Percent
This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-11-16
The Weighted Price Index of the Taiwan Stock Exchange fell 140.59 points, or 1.6 percent, to 8,764.8 on weak volume.
The Japanese yen will be key focus for looking at the market's performance next week, said Daniel Liu of Ta Ching Securities.
"If the yen depreciates, it's good for stocks," he said, because funds would be flowing to the U.S. and boost markets there, which would in turn lift the Asian markets.
In Friday's trade, leading stocks dropped across all sectors.
Taiwan Semiconductor Manufacturing Co. lost 0.7 percent to NT$60.50; Hon Hai Precision Industry fell 2.6 percent to NT$202.50; Taiwan Cement shed 5.4 percent to NT$46.45; and Formosa Plastics finished off 4.5 percent to NT$93.20.
Collection
Commend
Comment On(0Item)
Hot Article·Bank of Japan Rate Hike May No
·British Pound: Are UK Banks in
·ECB: Still Keeping the Market
·Calpine Mulling Stock-Rights O
·More People Leaving Money to T
·Dubai Bid for N.Z. Airport in
·Japan Unemployment Rate Improv
·Japanese Stocks Climb; Dollar
·Dollar Rises Versus Yen in Asi
·Chinese Stocks Close at New Re
·AP Executive Morning Briefing
·Euro Edges Higher Against Doll
·Yen Weakens as Carry Back in P
·Philippine Shares Rise 1.4 Per
·Municipal Wi-Fi Faces Financia
·FOREX News and Overnight Techn
·Hermes 1H Net Profit Up 9 Perc
·Dollar Mixed, Gold Higher in E
·Sector Snap: Gold Producers
·Kenya Ex-President Hit With Gr
·British Pound: Are UK Banks in
·ECB: Still Keeping the Market
·Calpine Mulling Stock-Rights O
·More People Leaving Money to T
·Dubai Bid for N.Z. Airport in
·Japan Unemployment Rate Improv
·Japanese Stocks Climb; Dollar
·Dollar Rises Versus Yen in Asi
·Chinese Stocks Close at New Re
·AP Executive Morning Briefing
·Euro Edges Higher Against Doll
·Yen Weakens as Carry Back in P
·Philippine Shares Rise 1.4 Per
·Municipal Wi-Fi Faces Financia
·FOREX News and Overnight Techn
·Hermes 1H Net Profit Up 9 Perc
·Dollar Mixed, Gold Higher in E
·Sector Snap: Gold Producers
·Kenya Ex-President Hit With Gr
Correlation Article·Nikkei Index Falls to 15-Month
·Dollar Dips Against Yen in Asi
·Pace of Chinese investment qui
·Philippine Stock Index Plunges
·'Express Lanes' to Ease Air Co
·Commodities Prices Slide As Do
·GE Says Investors Cashed Out F
·FX Radio: Dollar Likely to Tra
·Cable Crosses Plummet
·How Profitable Are Candlestick
·Chicago Tenants Fear Being Pus
·Correlation between Equities a
·US Dollar Rallies Despite Plum
·How To Trade The US Industrial
·Dollar Strengthens But Is This
·Fla. Tracks Fret About Indian
·Australian, New Zealand and Ca
·British Pound Extends Losses F
·Euro: Becoming Overbought?
·Midday Leaders & Laggards:
·Dollar Dips Against Yen in Asi
·Pace of Chinese investment qui
·Philippine Stock Index Plunges
·'Express Lanes' to Ease Air Co
·Commodities Prices Slide As Do
·GE Says Investors Cashed Out F
·FX Radio: Dollar Likely to Tra
·Cable Crosses Plummet
·How Profitable Are Candlestick
·Chicago Tenants Fear Being Pus
·Correlation between Equities a
·US Dollar Rallies Despite Plum
·How To Trade The US Industrial
·Dollar Strengthens But Is This
·Fla. Tracks Fret About Indian
·Australian, New Zealand and Ca
·British Pound Extends Losses F
·Euro: Becoming Overbought?
·Midday Leaders & Laggards:
More Link
