01 September 2008

Stocks Crash Again

Stocks crashed today. The Taiwan Index was down to 6,813.09, a 3.31% drop. The tech sector stocks were also hammered. See the table below. Hurricane Gustave has pushed up the price of oil which no doubt has had an effect on the share prices. Also a 1.47% decrease on the Dow Jones index and a 1.73% decrease on the NASDAQ index also contributed to pushing the prices down. The Associated Press (AP) reported the Fridays declines were due to disappointing personal incomes and bad performance by Dell.

Of the stocks listed below, 24 declined by more than 6%. Considering the limit down in Taiwan is 7%, that is quite a chunk.


2330.TWTSMC-3.905%
2317.TWHon Hai-6.875%
2409.TWAUO-4.993%
2498.TWHTC-4.061%
2357.TWAsustek-4.925%
2454.TWMediaTek-3.956%
3481.TWInnoLux-6.923%
3009.TWChi Mei-4.486%
2303.TWUMC-1.880%
2354.TWFoxconn-6.984%
2325.TWSPIL-6.743%
2353.TWAcer-6.929%
2311.TWASE-6.061%
2324.TWCompal-6.842%
2301.TWLite-On-3.045%
2347.TWSynnex-6.169%
2371.TWTatung-4.310%
2382.TWQuanta-6.590%
6116.TWHannStar-4.671%
2475.TWChunghwa-4.970%
2408.TWNanya-6.542%
3231.TWWistron-6.196%
2356.TWInventec-4.021%
3034.TWNovatek-5.556%
2379.TWRealtek-2.946%
6239.TWPowertech-6.970%
2337.TWMacronix-1.186%
6286.TWRichtek-6.844%
2323.TWCMC-5.603%
2352.TWQisda-6.854%
2315.TWMitac-3.361%
2362.TWClevo-3.064%
3474.TWInotera-6.939%
3702.TWWPG-2.624%
2332.TWD-Link-5.997%
2342.TWMosel-4.854%
2395.TWAdvantech-3.217%
2385.TWChicony-3.509%
2344.TWWinbond-6.993%
2349.TWRitek-3.226%
2449.TWKing Yuan-3.226%
2388.TWVIA-6.849%
2377.TWMicro-Star-6.787%
2441.TWGreatek-3.682%
2485.TWZinwell-5.000%
3189.TWKinsus-6.852%
2458.TWElan-5.263%
3035.TWFaraday-6.972%
2451.TWTranscend0.962%
3062.TWCybertan-6.911%
8078.TWCompal-3.678%
2401.TWSunplus-5.357%
3443.TWGlobal-5.774%
2391.TWZyxel-7.692%
3041.TWAli-6.904%
2331.TWElitegroup-4.933%
8131.TWFormosa Advanced-5.369%
8008.TWLite-On IT-6.735%

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