Taiwan Weighted Index closed down 4.51% at 39,701.64 after rebounding from
intraday lows to hold the annual moving average. Market participants said
forced-margin liquidation pressure has largely eased and local authorities
signaled that stabilization measures may be forthcoming, which aided the
rebound. A fresh wave of chip selling earlier dragged Asian markets and pushed
Taiwan to a six-plus-month intraday low. Advancers 112, decliners 1,049.
Heavyweights: TSMC -4.69%, ASE Technology Holding -7.86%, Delta Electronics
-6.63%, Foxconn -4.46%, MediaTek -2.02%.
