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Taiwan: Shares fall, tracking overseas markets

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[TAIPEI] Taiwan stocks fell on Friday, in line with other regional bourses, weighed down by tech heavyweights such as Taiwan Semiconductor Manufacturing Co (TSMC).

As of 0136 GMT, the main TAIEX index was down 0.7 per cent at 8,682.61, after ending at 8,744.83 in the previous session.

The index rose about 4 per cent in March, helped partly by strong foreign buying.

Foreign investors bought a net T$160 billion (S$6.7 billion) worth of Taiwan stocks in March.

The electronics subindex lost 0.9 per cent, while the financials subindex fell 0.8 per cent.

TSMC, the most heavily weighted stock and the world's top contract chip maker, shed 1.5 per cent.

The Taiwan dollar firmed T$0.017 to T$32.265 per US dollar.

REUTERS

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