The year 2000 was a disastrous year for the Taiwan stock market. Over the course of the last 12 months, the nation's benchmark lost 43 percent in index value, and 31 percent in market capitalization. All toll, the losses were the biggest the market has seen since 1990.
The total value of Taiwan stocks fell from NT$11.8 trillion to NT$8.2 trillion, according to Taiwan Stock Exchange.
Average daily turnover last year was NT$113.7 billion, and the total trading volume was NT$30.8 trillion, decreased 3.6 percent and 4.4 percent respectively.
TAIEX peaked at February with 10,202.2 point, with daily turnover of NT$200 billion. TAIEX hit year-low at 4,614.63 point on Dec. 27, and closed at 4,739.09 point at Dec. 30.
The total number of listed companies at the end of last year was 531 companies, 69 more than previous year. There were 80 new listed companies traded in Taiwan Stock Exchange, and 11 companies were delisted last year, according to the stock exchange. Both are new records in the history of the stock exchange.
The total number of securities companies decreased from 193 to 168 companies last year, but the number of their branches increased from 928 to 1,013, or 9.2 percent.
The total number of securities investors account increased 14.2 percent to 12.46 million accounts (with duplication), with 34.6 percent of them actually traded last year. The total number of investors accumulated to 6.84 million (without duplication) at the end of last year, and it's 710,000 more than previous year.
According to TAISDAQ, there are 300 companies listed at the TAISDAQ at the end of last year, 36 more than previous year. There were 105 new companies listed in the TAISDAQ, and 69 delisted, 63 of them changed their listing to the stock exchange.
The total trading volume in the TAISDAQ last year was NT$34.47 trillion, it's 135.78 percent more than previous year. Its daily turnover was NT$16.53 billion, or NT$9.38 billion more than previous year. However, the total market value of TAISDAQ decreased48.45 percent to NT$1.5075 trillion at the end of 2000, according to TAISDAQ.
The TAISDAQ Index hit its high at April last year and plummet afterwards. It closed at 104.93 point at Dec. 30, it's 49.35 percent lower than 207.18 point at the close of 1999.
In related news, the Taiwan stock exchange begins new trading hours today with an extra 90 minutes of trade per day.
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