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 Financial shares drag on Taiwan stocks. Show all posts
Showing posts with label Financial shares drag on Taiwan stocks. Show all posts

Financial shares drag on Taiwan stocks

Taiwan stocks closed 1.48 percent lower on Friday, dragged down by financial shares such as Cathay Financial on concerns they could be hurt if parliament sharply lowered maximum interest rates on credit cards. The main TAIEX share index closed 74.31 points lower at 4,961.62, further retreating from the five-month intraday high hit on Thursday.

Saturday, March 21, 2009

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