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Август
2024

Taiwan stocks plunge more than 8% in afternoon trade

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Taiwan stocks fell more than eight percent in the afternoon on Monday after poor US jobs data fuelled recession fears. The Taiex, the weighted index on the Taiwan Stock Exchange, had fallen 8.43 percent to 19,813.19 pm (0519 GMT) before morning trading closed, while chip giant TSMC had lost 9.52 percent. dhc/smw



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