Taipei shares plunge 7.46% in worst ever intra-day drop

GMT 04:18 2015 Monday ,24 August

Arab Today, arab today Taipei shares plunge 7.46% in worst ever intra-day drop

Taipei shares
Taipei - Arab Today

Taipei shares tumbled more than seven percent Monday in the island's steepest ever intra-day decline, weighed down by a slump in Chinese equities and a stagnant domestic economy.

The benchmark index fell 580.93 points to 7203.07 in morning trading, a drop of 7.46 percent, confirmed as the largest ever intra-day decline by the Taiwan exchange.

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