Taiwan to raise daily price limit for stocks to 10% from 7%

[TAIPEI] Taiwan will expand the daily price limit for individual stocks to a rise or fall of 10 per cent from the current 7 per cent as of June 1, the Financial Supervisory Commission (FSC) said on Tuesday.

The FSC had previously said it would implement the change on Aug 3. It cited the earlier-than-expected completion of system testing as the rationale behind bringing the date forward.

REUTERS