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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Snowshoe who wrote (27465)1/7/2008 8:45:55 AM
From: TobagoJack  Read Replies (1) | Respond to of 220298
 
joyous reunion with ancestral tribe?

biblical justice that corrects a historical wrong?

1.3 billion and 14 million votes for, 4 million against, and 10 million indifferent?

in any case, i was referring to taiwan bank issues that so far have been kept well hidden, but soon will be exposed for learning, perhaps starting so triggered, ...

biz.yahoo.com

QUOTE
AP
Taiwan Stock Index Plunges 4 Percent
Monday January 7, 1:50 am ET
Taiwan Stock Index Plunges 4 Percent, Dragged Down by Electronics Shares, Wall Street's Drop

TAIPEI, Taiwan (AP) -- Taiwan shares fell sharply on Monday, dragged down by weak electronics issues that tracked Friday's drop on Wall Street.
The Weighted Price Index of the Taiwan Stock Exchange fell 337.73 points, or 4.11 percent, to 7,883.37 points, the lowest close since Dec. 20.

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The electronics sector sank 6.6 percent, tracking Nasdaq's 3.8 percent decline on Friday.

In addition to fears about weakened U.S. economy, investors were also cautious ahead of Taiwan's legislative elections Saturday.

Traders said institutional investors were on the sidelines, pending the election outcome. Analysts have said a victory by the opposition Nationalist Party, which wants closer trade ties with rival China, could boost the market.

Daiwa Securities trader Harvey Chang expected a rebound on Tuesday with bargain hunting on stocks with sound fundamentals, such as LCD makers.

AU Optronics Corp. fell the daily downside limit of 7 percent to NT$54.90. MediaTek also declined 7 percent to NT$341.50, and Taiwan Semiconductor Manufacturing plunged 7 percent to NT$55.8.

UNQUOTE