Taiwan: Stocks fall tracking regional peers; ease from multi-year highs

[TAIPEI] Taiwan stocks fell on Tuesday as investors took profits a day after the index touched fresh multi-year highs, with caution in line with overseas markets and a pullback in heavily-weighted contract chipmaker TSMC driving losses.

As of 0238 GMT, the main Taiex index fell 0.3 per cent to 10,195.43 points.

The index closed 0.7 per cent higher at 10,226.84 on Monday, its highest settlement in 27 years, but still below an intraday high of around 10,393 posted in February 2000.

The electronics subindex fell 0.3 per cent, while the financials subindex lost 0.5 percent.

TSMC, the world's largest contract chipmaker, was down 0.7 per cent at NT$210.50, off its record high of NT$212.00 hit in the previous session.

The Taiwan dollar firmed NT$0.039 to NT$30.051 per US dollar.

REUTERS