Taiwan Stock Market Falls as Foreign Investors Sell Shares
Listen to the story
Stock prices in Taiwan went down on Tuesday. The Taiwan Weighted index fell 1.47%. This is the main list of stock prices in Taiwan.
Foreign investors sold more shares than they bought. This is called being a net seller. Before this, they had bought shares for six days in a row.
Foreign investors sold about NT$11.99 billion worth of shares. A billion is a very big number. NT$ means New Taiwan dollar, the money used in Taiwan.
One company called PSMC was hit hardest. People sold 35,000 shares of this company. A share is a small part of a company that people can buy.
Five financial stocks also lost a lot of value. Financial stocks are shares of banks and money companies.
In other news, the founder of a company called King Slide became the richest person in Taiwan.
Vocabulary2 words
- stocks
- small parts of a company that people can buy and sell
Quiz
Answer key
1. It went down 1.47% 2. They sold more shares than they bought 3. True
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Stock prices in Taiwan went down on Tuesday. The Taiwan Weighted index fell _____.
Foreign investors sold more shares than they bought. This is called being a net _____.
Before this, they had bought shares for _____ days in a row.
Foreign investors sold about NT$11.99 _____ worth of shares.
One company called _____ was hit hardest.
People sold 35,000 _____ of this company.
Five financial stocks also lost a lot of _____.
The founder of a company called King Slide became the _____ person in Taiwan.