Taiwan: Stocks dip; TSMC, Cathay Fin down
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[TAIPEI] Taiwan stocks edged lower in a special session on Saturday as investor sentiment remained cautious after the market's climb last month to a 17-year high.
By 0133 GMT, the main Taiex index was off 0.1 per cent at 10,145.03 points.
The electronics subindex dipped 0.2 per cent, while the financials subindex gained 0.2 per cent.
Among the most actively traded stocks, Taiwan Semiconductor Manufacturing Co (TSMC), the world's biggest contract chip maker, was off 0.5 per cent.
Cathay Financial Holding, parent company of Taiwan's biggest life insurer, slipped 0.1 per cent.
The Taiwan dollar firmed NT$0.054 to NT$30.063 per US dollar.
Navigate Asia in
a new global order
Get the insights delivered to your inbox.
Taiwan's financial markets were open on Saturday to make up for the Dragon Boat holidays earlier this week.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
