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Taiwan: Stocks hit near 3-week low, track regional markets

Thursday, November 3, 2016 - 13:37

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[TAIPEI] Taiwan stocks hit their lowest in almost three weeks on Thursday, tracking declines on Wall Street and some regional bourses, with technology and bank shares leading the losses.

As of 0441 GMT, the main Taiex index fell 0.4 per cent to 9,098.44, after dropping to as low as 9,080 earlier in the session, its lowest since Oct 17.

The electronics subindex fell 0.5 per cent, while the financials subindex lost 0.4 per cent.

The Taiwan dollar firmed NT$0.1 to NT$31.464 per US dollar.

Asia shares joined the US dollar on the defensive on Thursday as the nail-biting US presidential race saw the S&P 500 suffer its longest losing streak in five years as investors sailed to safer harbours.

REUTERS

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