Taiwan: Stocks fall on profit-taking; Taiwan dollar jumps

[TAIPEI] Taiwan stocks fell on Friday, tracking slides in other regional bourses, as profit-taking pressure emerged following the recent rally.

As of 1.09 GMT, the main TAIEX index was down 0.2 per cent, at 8,592.85, with the electronics subindex down 0.4 per cent and the financials subindex 0.1 per cent lower.

The main index ended higher on Thursday at 8,611.79, the highest level since November.

The Taiwan dollar firmed TW$0.304 to TW$32.875 per US dollar, on track to its strongest level in about three months.

REUTERS