Taiwan: Stocks fall, weighed by China market losses
Add BT as a preferred source
[TAIPEI] Taiwan shares fell on Monday as Chinese markets extended their losing streak after sliding more than 5 per cent in the previous session.
As of 0306 GMT, the main TAIEX index fell 1.6 per cent to 8,264.55, after closing at 8,398.4 in the previous session.
The electronics subindex sank 1.3 per cent, while the financials subindex lost 2.0 per cent.
China's Shanghai Composite Index was off 1.2 per cent.
Taiwan's export-driven economy has been hit hard by a slowdown in mainland China and other global markets.
The Taiwan dollar firmed T$0.136 to T$32.679 per U.S. dollar.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Qatari LNG ship struck in Strait of Hormuz, testing US talks
DBS, OCBC and UOB shares hit all-time highs as sentiment improves
‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis
Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10
