Tue, Mar 09, 2004 - Page 11 News List

TAIEX falls as vote approaches

JITTERS The market dropped further off last week's 7,000 and analysts expressed contradictory views about where stocks are headed and what the election means

By Joyce Huang  /  STAFF REPORTER

The analyst said that if Chinese Nationalist Party (KMT) Chairman Lien Chan (連戰) wins, a transfer of power may translate into market chaos for at least one quarter, although Lien's victory may guarantee a rosier performance for the benchmark in the long run.

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