On July 29, iShares MSCI Taiwan ETF fell 5.45% in pre-market trading, trading at $88.83/share, with turnover of $102,300.
On the news front, a 6.8-magnitude earthquake struck Kumamoto Prefecture in Japan on July 28, impacting TSMC's Kumamoto factory and triggering capacity concerns. Over 9,800 residents were evacuated, and approximately 37,000 households lost power. TSMC confirmed employees were temporarily evacuated outdoors before returning after building safety was verified. TSMC shares fell over 3%, while the Philadelphia Semiconductor Index had already retreated more than 20% from its peak, entering a technical bear market. ASML declined 3.6%, Micron fell 5.46%, and SK Hynix dropped 5.27%, reflecting sustained capital outflows from the semiconductor sector. Taiwan stocks fell over 2%, with technology heavyweights broadly under pressure, dragging the ETF significantly lower.
The fund generally invests at least 80% of its assets in the component securities of its underlying index. The index is a free float-adjusted market capitalization-weighted index designed to measure the performance of large- and mid-cap equity segments in Taiwan. The fund is non-diversified.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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