Taiwan: Stocks hit near 2-week low; TSMC drops
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[TAIPEI] Taiwan stocks dropped to a near two-week low on Monday, dragged down by heavyweights such as Taiwan Semiconductor Manufacturing Co (TSMC), and as declines in broader Asia dampened sentiment.
As of 0217 GMT, the main Taiex index fell as much as 0.75 per cent to 9,237.76. Earlier in the session, it touched a low of 9,194.48, lowest since Oct 18.
The electronics subindex slipped as much as 0.8 per cent, while the financials subindex lost as much as 0.8 per cent.
TSMC, the world's top contract chip maker, shed as much as 1.1 per cent.
The Taiwan dollar softened NT$0.015 to NT$31.654 per US dollar.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
