Taiwan stocks slide with Asian peer

Dhaka,  Wed,  24 May 2017
Published : 17 May 2017, 11:54:48
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Taiwan stocks slide with Asian peer

Taiwan stocks slide with Asian peer
Taiwan stocks fell on Wednesday, in line with weakness in overseas markets on concerns over continued turmoil in US President Donald Trump's administration.

US share futures and the dollar slipped in early Asian trade after reports that Trump asked then-FBI Director James Comey to end a probe into his former security adviser.

As of 0244 GMT, the main TAIEX index was down 0.4 per cent at 9,988.98, after closing 0.1 per cent lower in the previous session.

The electronics sub-index sank 0.4 per cent, while the financials sub-index lost 0.2 per cent.

Among actively traded shares, display maker Innolux was off 1.5 per cent, while financial group CTBC Financial Holding was down 0.5 per cent.

The Taiwan dollar softened T$0.001 to T$30.116 per US dollar, according to Reuters. 
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