Taiwan Stocks Fall 1,568 Points; FSC Says Decline Within Range of Asian Markets

(Central News Agency, reporter Lu Yan-ci, Taipei, 8th) Affected by the decline in U.S. stocks, Taiwan's stock market plunged as much as 2,694 points during the session on Monday, but closed above its monthly moving average, down 1,568.16 points, or 3.48%. According to FSC statistics, the decline in Taiwan stocks was within the range of Asian markets. Regarding market risk indicators, the overall margin maintenance ratio for credit transactions as of the 5th was 200.07%, still above the margin call threshold.

The FSC stated that the Taiwan stock market closed at 43,502.78 points on Monday, down 1,568.16 points, a decline of 3.48%, with a trading volume of approximately NT$1.1325 trillion.

The FSC explained the situation in major Asian stock markets at the same time (as of 1:30 PM): South Korea fell 6.43%, Japan fell 4.2%, Shanghai fell 1.79%, Singapore fell 1.71%, and Hong Kong fell 1.42%.

Regarding the fundamentals of the Taiwan stock market, the FSC stated that as of the end of May this year, the P/E ratio was about 8 times, the cash dividend yield was 1.61% (1.64% including stock dividends), and the cumulative revenue of domestic listed and OTC companies as of the end of April this year was approximately NT$19.404 trillion, an increase of 31% compared to the same period last year.

Regarding market risk indicators, FSC statistics show that the overall margin maintenance ratio for credit transactions on June 5 was 200.07%, which has not reached the forced liquidation (stop-loss) threshold of 130% and is not significantly different from the data recently published by the FSC. (Editor: Yang Kaixiang) 1150608