Taiwan Stock Market drops 3.29%, bringing the index to 22,119.21, after a 7.6% slide; key companies affected.
Taiwan Stock Market experiences a 3.29% drop, bringing the index to 22,119.21, after a four-day slide of 1,700 points or 7.6%. The market anticipates a rebound following positive outlooks for interest rates, with Asian markets expected to follow the lead of European and U.S. markets. Key companies such as E Sun Financial, Taiwan Semiconductor Manufacturing Company, and United Microelectronics Corporation saw significant drops.
July 29, 2024
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