Taiwan: Stocks little changed in choppy trade

[TAIPEI] Taiwan stocks were little changed in choppy trade on Tuesday, a day after posting their best single-day gain since Sept 2015.

The main Taiex index was down 0.1 per cent at 9,144.47 as of 0202 GMT after closing 2.8 per cent higher in the previous session.

It fell as much as 0.24 per cent earlier on profit-taking and tracking falls in Asian shares, before rising 0.2 per cent as sentiment remained bolstered by net foreign buying in the previous session.

The electronics subindex rose 0.2 per cent, while the financials subindex was unchanged.

Among actively traded stocks, electronics maker Hon Hai, which led the rally in the previous session, extended its gain and was last up 0.1 per cent, while contract chipmaker TSMC was flat.

First Financial was down 0.6 per cent, while Cathay Financial was off 0.1 per cent.

The Taiwan dollar firmed NT$0.101 to NT$31.349 per US dollar.

REUTERS