It surpassed the previous record single-day drop of 660.72 points on Oct. 11, 2018, Taiwan Stock Exchange data showed. Turnover in the Taiwan Stock Exchange swelled to NT$275.415 billion (US$9.1 billion), a 76 percent increase on the average turnover of NT$155.6 billion in the past 30 days. The company has about 13,500 employees in Wuhan, the epicenter of the virus outbreak, and it announced that it would delay its production activities in China until Feb. 10. However, a few companies benefited from the virus outbreak, mainly suppliers of masks. Any rebound of the TAIEX would depend on whether the spread of the virus could be controlled, along with the performance of US equity markets, Hua Nan Securities said.


Source:   Taipei Times
January 30, 2020 15:56 UTC