MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.21

-1.1%

Nov 6 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ForYourEyesOnly who wrote (43611)	3/20/2000 3:44:00 AM
From: AllansAlias	Read Replies (1) of 99985

TAIPEI (Reuters) - Taiwan's finance ministry said on Sunday it was cutting the stock market's daily downward volatility limit to 3.5 percent from the current seven percent, effectively Monday. The move was an attempt to reduce shock in the stock market after Taiwan elected as president the leader of a pro-independence party reviled by China. The ministry, in a statement, said the temporary measure would last for two weeks until April 1. The upward volatility limit would remain unchanged at seven percent, it said. ----- Taiwan stocks fell to near their newly narrowed 3.5 percent volatility limit at the open, although the massive stock stabilisation fund appeared to have entered in late trade to pare losses, brokers said. The TAIEX closed down 2.59 percent, at 8,536.05, on very thin turnover of T$79.62 billion.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next