Stocks are a share of the ownership of a company. If the company does well, or even if everyone thinks the company is going to do well, the price of the stock goes up. In addition, many companies give a little dividend payment each year to the stockholders, which provides extra value.
Showing posts with label Banks push Taiwan stocks months high. Show all posts
Showing posts with label Banks push Taiwan stocks months high. Show all posts

Banks push Taiwan stocks months high

Taiwan stocks rose 2.3 percent in strong volume on Tuesday to end at its highest in more than five months, led by Shin Kong and other financials as Wall Street surged on the US governments plan to absorb toxic debts. The banking and insurance sub-index ended 3.2 percent higher, with Shin Kong Financial, parent of the islands No 3 life insurer, up by its daily limit of 7 percent.

Wednesday, March 25, 2009

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