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Print Print edition: 2011-12-16

Taiwan stocks down

Published Updated

Taiwan stocks ended 2.28 percent lower on Thursday, joining a broad decline in regional bourses, with textile counters and carmakers among the biggest losers, both plummeting close to 4 percent. The main TAIEX index was down 157.98 points at 6,764.59, after opening down 0.7 percent.
Electronics shares fell 2.18 percent, with TSMC, the world's top contract chip maker, shedding 2.68 percent, and Apple supplier Hon Hai Precision tumbling 3.79 percent. The financial sub-index dropped 2.85 percent. The Taiwan dollar weakened 0.14 percent to trade at T$30.332. Foreign investors were net sellers on Wednesday, but remained net buyers of T$28.0 billion this month.

Copyright Reuters, 2011

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