|Published : 19 Apr 2017, 14:46:24|
Taiwan stocks fall in line with regional peers
Taiwan stocks fell on Wednesday, tracking modest losses in Asian shares, on a run of disappointing US economic data and doubts whether President Donald Trump's administration will progress with tax cuts.
As of 0120 GMT, the main TAIEX index was down 0.68 per cent at 9,679.40, after closing up 0.3 per cent in the previous session.
All sub-indexes were down early in the day, with the electronics sub-index dropping as much as 0.7 per cent, while the financial sub-index slipping up to 0.6 per cent.
Among actively traded shares, Powertech Tech, asemiconductor assembly, packaging and testing company, declined as much as 1.73 per cent.
The Taiwan dollar strengthened T$0.026 to stand at T$30.380 to the US dollar, according to Reuters.