Monday, August 29, 2016

Taiwan: Stocks fall on weaker overseas markets, technical selling in TSMC

Taiwan stocks fell on Monday tracking weakness in overseas markets and on technical selling in heavyweight chipmaker TSMC.

Most Asian shares slipped in early trade on Monday after Federal Reserve Chair Janet Yellen indicated a possible rate hike in the US later this year.

As of 0244 GMT, the main TAIEX index fell 0.7 per cent to 9,070.84, after closing up 0.2 per cent in the previous session.

The electronics subindex fell 0.7 per cent, but the financials subindex gained 0.1 per cent.Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

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