TAIEX rose to a lifetime high of 10202.20 points in 2000 as Taiwanese stocks showed steady recovery from a devastating earthquake that struck the country a year earlier. However, TAIEX sank to a lifetime low of 3446.26 points in October 2001. The index fell to a record low around the time the world was still grappling with the shock of a terror attack on the U.S., commonly known as 9/11. Markets worried about Taiwan’s export economy.
TWSE, which has the stocks tracked by TAIEX, was created in 1961 as the primary stock exchange platform for Taiwanese companies. But the market began formal operations in 1962. The stock market, which has more than 800 listed companies, is regulated under Taiwan’s Financial Supervisory Commission. And Jinan Acetate Chemical Co Ltd is one of them.
Trading hours in Taiwan stock market
TWSE opens for pre-market trading at 7.40 a.m. and the…