Taiwan futures night session jumps 400 points after big daytime selloff
Taiwan's stock market got hit hard during the day but futures bounced back at night, a hopeful sign for investors heading into the next session.
- Taiwan's main index fell nearly 1,000 points at one stage before closing down 589 points at 44,719.
- The close broke below the quarterly average line, a level traders watch as a warning sign.
- Taiwan index futures in the night session climbed steadily, up about 1% or 433 points.
- Mini index futures moved the same way, gaining about 435 points.
Outlook: The night rebound points to a calmer open tomorrow, but the broken quarterly line means the market is still shaky.