Taiwan stocks fell on Friday in keeping with nervousness in some overseas markets, but losses were limited as key technology and shipping stocks rose.
Some Asian shares were weak on uncertainty over the potential for a strong US nonfarm payrolls number later in day - and with it an elevated chance of a Federal Reserve rate hike soon.
As of 0230 GMT, the main Taiex index fell 0.5 per cent to 8,960.75, after closing down 0.8 per cent in the previous session.
The electronics subindex sank 0.8 per cent, while the financials subindex lost 0.2 per cent.
But some share gains were coming on back of troubles at rival companies that could bolster business for the Taiwanese listed firms.
Shares in Hon Hai Precision were up 1.5 per cent. Hon Hai is a major assembler for Apple Inc's popular iPhones, and the latest version of iPhones are expected to launch later this month and compete with smartphones by rival Samsung Electronics Co.
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Some Asian shares were weak on uncertainty over the potential for a strong US nonfarm payrolls number later in day - and with it an elevated chance of a Federal Reserve rate hike soon.
As of 0230 GMT, the main Taiex index fell 0.5 per cent to 8,960.75, after closing down 0.8 per cent in the previous session.
The electronics subindex sank 0.8 per cent, while the financials subindex lost 0.2 per cent.
But some share gains were coming on back of troubles at rival companies that could bolster business for the Taiwanese listed firms.
Shares in Hon Hai Precision were up 1.5 per cent. Hon Hai is a major assembler for Apple Inc's popular iPhones, and the latest version of iPhones are expected to launch later this month and compete with smartphones by rival Samsung Electronics Co.
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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