Taiwan Capitalization Weighted Stock Index


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Taiwan Capitalization Weighted Stock Index

An index tracking all stocks that trade on the Taiwan Stock Exchange, including preferred stock and stock in companies listed for less than a month. As the name implies, the index is weighted for market capitalization; that is, price changes in stocks with higher market caps will affect the index more than stocks with lower market caps. The index was first published in 1967. See also: Taiwan weighted index.
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Taiwan and South Korean shares, for instance, took a heavy beating Wednesday, with the Taiwan Capitalization Weighted Stock Index closing 2.2 percent lower, and South Korea's Kospi index finishing 3.51 percent down.
The Taiwan Capitalization Weighted Stock Index rose about 3 percent while Hong Kong's Hang Seng Index was up more than 1 percent by midday.

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