S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
The TAIEX, Taiwan’s benchmark stock index, slumped 1,900 points, or 4.3%, to 43,725 in Friday morning trade, after being almost flat in the previous session, tracking a decline on Wall Street overnight amid a sharp selloff in semiconductor stocks. The broader index hit its lowest level since June 10, mainly weighed down by electronic technology stocks, which plunged 5.0%. TSMC, the world’s largest contract chipmaker, which accounts for more than 40% of the market’s total value, slumped 3.9%, while MediaTek also plunged 6.4%. Meanwhile, Delta Electronics and Hon Hai Precision Industry slumped 5.3% and 2.3%, respectively. Rising oil prices also pressured sentiment, as concerns over inflation raised expectations of further interest rate hikes. Traders also awaited the release of a slew of data, including industrial production and retail sales for June, due next week. For the week, the index is heading for a 3.6% plunge amid higher oil prices and a global tech stock selloff.
