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Taiwan: Stocks fall; HTC down after Q2 loss

Wednesday, August 3, 2016 - 11:13

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[TAIPEI] Taiwan stocks fell on Wednesday, tracking declines in other Asian markets, while struggling smartphone maker HTC dropped after the company reported a loss for the second quarter.

The main Taiex index was down 0.7 per cent at 9,005.29 as of 0244 GMT, after closing 0.1 per cent lower in the previous session.

The electronics subindex sank 0.9 per cent, while the financials subindex lost 0.4 per cent.

Among the most actively traded stocks, HTC shed one per cent. Taiwan Semiconductor Manufacturing Co Ltd fell nearly 2 per cent.

The Taiwan dollar softened NT$0.022 to NT$31.702 per US dollar.

REUTERS

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