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Taiwan shares close down 0.14 percent

Taiwan shares close down 0.14 percent

Taiwan share prices closed down 0.14 percent yesterday, tracking losses on regional bourses and on Wall Street, dealers said.
The weighted index fell 11.06 points to 7,657.34 on turnover of NT$95.69 billion (US2.95 billion).
Losers led advancers 1,731 to 793 with 194 stocks unchanged.
Besides the Wall Street lead, most investors chose to stay on the sidelines ahead of earning reports of major technology firms, said KGI Securities trader Randy Chang.
"Taiwan shares actually pared some early losses, showing that there's still buying demand," he said, adding the market was likely to rebound Wednesday.
United Microelectronics Corp. fell 1.21 percent to NT$16.30 while Taiwan Semiconductor Manufacturing Co. was 0.33 percent lower at NT$61.30.
Asustek rose 5.05 percent to NT$62.50 and Chi Mei Optoelectronics was up 1.49 percent to NT$17.10 on better-than-expected quarterly results.


Updated : 2021-08-05 01:50 GMT+08:00