Taiwan stocks plummet, exchange to take more stabilisation steps if needed

Reuters - 07/04
Taiwan stocks plummeted almost 10% on Monday in their first trading since U.S. President Donald Trump announced new import tariffs last week, with the head of the island's stock exchange saying it would roll out more stabilisation policies if needed.
  • Benchmark Taiwan stock market index drops almost 10% as trading returns
  • Market had been closed on Thursday and Friday for holiday
  • Circuit breakers triggered for TSMC, Foxconn
  • Taiwan imposes short selling curbs to last all week
TAIPEI, April 7 (Reuters) - Taiwan stocks plummeted almost 10% on Monday in their first trading since U.S. President Donald Trump announced new import tariffs last week, with the head of the island's stock exchange saying it would roll out more stabilisation policies if needed.
After opening on Monday following a two-day market holiday on Thursday and Friday, Taiwan's benchmark index (.TWII), opens new tab dropped to its lowest level in more than a year.

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Taiwan's top financial regulator on Sunday announced it would impose temporary curbs lasting all this week on short-selling of shares to h...
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