Taiwan Stocks Open At 52-Week High, But End Tuesday Down 0.24%
December 28, 2010 7:20 AM
The Taiwan Capitalization Weighted Stock Index, or the TSEC weighted index, opened the Tuesday trading session in Taiwan at a 52-week high of 8,919.26, which was slightly higher than the previous trading day's close of 8,892.31.
The TSEC weighted index moved back and forth between negative and positive territory during early trading but by the late morning the index was down and remained in negative territory for the rest of the Tuesday trading session, ending the day down 21.55 points, or 0.24%, at 8,870.76.
The TSEC weighted index traded between 8,839.83 and 8,919.26.
Investors who would like to invest in Taiwanese equities might want to consider the iShares MSCI Taiwan Index Fund (NYSE: EWT), which seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the Taiwanese markets, as measured by the MSCI Taiwan index.
Read more from Benzinga's ETF news.
