Taiwan Stocks Plunge 716.26 Points

(CNA, Taipei, 19th) The Taipei stock market opened low and trended lower today, closing down 716.26 points at 40175.56, a decrease of 1.75%, with a turnover of NT$1.088073 trillion. The Weighted Index opened at 40883.42, reaching a high of 40951.56 and a low of 40168.51 during the session. The index excluding financial stocks was 36353.21, down 732.42 points. The price changes for the eight major sectors were: Cement & Ceramics +0.83%, Food +0.30%, Plastics & Chemicals -0.56%, Textiles -0.42%, Machinery & Electronics -2.19%, Paper +0.05%, Construction -0.54%, and Financials +1.24%. The number of bid shares was 23,431,269, ask shares were 16,953,693, and traded shares were 13,419,282. At closing, 431 stocks rose, 578 fell, and 91 were unchanged. The top 5 stocks by trading volume were Active U-Select 50, Innolux, UMC, Active U-Taiwan Growth, and Yuanta Taiwan 50 Daily 2X Bull. The top 5 gainers were URE, Enefall-KY, CCT, Polytown, and Chin-Poon. The top 5 losers were G-Tech-DR, Nanya Tech, Radiant Opto-Electronics, Macronix, and S.F. Energy.