Taiwan Stock Exchange facts for kids
The Taiwan Stock Exchange Corporation (TWSE) is a special place in Taipei, Taiwan. It's like a big marketplace where people can buy and sell parts of companies. These parts are called "stocks." The TWSE helps companies get money to grow, and it lets people invest their savings.
Taiwan Stock Exchange | |
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Quick facts for kids 臺灣證券交易所 |
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Market data on display at Taiwan Stock Exchange 20210208.jpg | |
Type | Stock exchange |
Location | [[Taipei 101, Taipei]], Taiwan |
Coordinates | 25°2′1″N 121°33′54″E / 25.03361°N 121.56500°E |
Founded | 23 October 1961 |
Owner | Taiwan Stock Exchange Corporation |
Currency | New Taiwan dollar |
No. of listings | 898 |
Indexes | Taiwan Weighted (TAIEX) |
Website | twse.com.tw |
Taiwan Stock Exchange | |||||||||||||||||||
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Traditional Chinese | 臺灣證券交易所 | ||||||||||||||||||
Simplified Chinese | 台湾证券交易所 | ||||||||||||||||||
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Alternative Chinese name | |||||||||||||||||||
Traditional Chinese | 證交所 | ||||||||||||||||||
Simplified Chinese | 证交所 | ||||||||||||||||||
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The Taiwan Stock Exchange (TWSE) is a very important place for money in Taiwan. It is located in Taipei 101, a famous building in Taipei. The TWSE started in 1961 and began trading stocks on February 9, 1962.
It is watched over by the Financial Supervisory Commission. This group makes sure that all the trading is fair and follows the rules.
How Big is the TWSE?
As of December 31, 2013, many companies had their stocks listed on the TWSE. There were 809 companies in total. All these companies together were worth a huge amount of money. This total value is called "market capitalization." It was about 24,519,622 million New Taiwan dollars.
When Can You Trade Stocks?
The TWSE has specific times when people can buy and sell stocks. Before the main trading starts, information is shown from 7:40 AM to 8:40 AM.
The main trading happens from 9:00 AM to 1:45 PM. After that, there are special "fixed price" sessions from 2:00 PM to 3:00 PM. Trading happens every weekday, but not on Saturdays, Sundays, or holidays.
What is the TAIEX Index?
The Taiwan Capitalization Weighted Stock Index (TAIEX) is a special number. It helps people understand how well all the stocks on the TWSE are doing. Think of it like a report card for the entire stock market in Taiwan.
The TAIEX is the most important and most often talked about number for Taiwan's public companies. It shows if, on average, stock prices are going up or down.
See also
In Spanish: Bolsa de Taiwán para niños
- Taiwan Capitalization Weighted Stock Index
- List of companies in Taiwan
- List of Asian stock exchanges
- List of stock exchanges