Staff writer, with CNA and AFPLocal shares on Friday rebounded slightly after plunging a session earlier, but market sentiment was still hurt by uncertainty over a spreading coronavirus epidemic, dealers said. “After yesterday’s steep fall, today’s rebound failed to attract many investors to chase prices, which limited the upturn,” Huang said. Among the rebounding big tech stocks, TSMC, the most heavily weighted stock in the local market, rose 1.11 percent to close at NT$320, with 62.24 million shares changing hands. Among them, Formosa Plastics Corp (台灣塑膠) rose 1.97 percent to close at NT$93.40 and Nan Ya Plastics Corp (南亞塑膠) gained 1.6 percent to end at NT$69.70. Food and beverage conglomerate Uni-President Enterprises Corp (統一企業) rose 0.83 percent to close at NT$72.60 and Asia Cement Corp (亞洲水泥) added 0.56 percent to end at NT$45.15.

Source: Taipei Times February 01, 2020 15:56 UTC