Stock investors incur over NT$440,000 in losses on average in 2018

Focus Taiwan
Date: 2018/12/28
By: Tien Yu-pin and Frances Huang 

Taipei, Dec. 28 (CNA) Equity investors in Taiwan incurred more than NT$440,000 (US$14,332) in losses on average after the local main board fell about 8.6 percent in 2018 amid volatility in the global financial markets, according to data released Friday.

Friday was the last trading session for the local equity market, with the weighted index on the Taiwan Stock Exchange, or Taiex, ending up 0.89 percent at the day’s high of 9,727.41 points.

For 2018, the Taiex fell 915.45 points or 8.6 percent, which pushed down the main board’s market capitalization by NT$4.53 trillion from NT$31.83 trillion seen at the end of last year to NT$27.31 trillion.

Based on the 10.22 million stock investors registered on the main board as of the end of November, the fall in market cap cost them each NT$442,700 on average.

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