You are here

Taiwan: Stocks down; plastics, autos weigh

taiwanstocls.jpg

[TAIPEI] Taiwan stocks fell on Thursday, pulled lower by declines in plastics and autos, but were ahead of other regional markets.

As of 1.46 GMT, the main TAIEX index was down 0.1 per cent at 8,013.15, after closing at 8,021.84 in the previous session, down 1.9 per cent.

The electronics subindex sank 0.2 per cent, while the financials subindex gained 0.4 per cent.

Plastics shed 1.13 per cent, led lower by major materials firm Formosa Plastics Corp, which tumbled 1.76 per cent. Autos also dropped 0.95 per cent.

The Taiwan dollar firmed TW$0.223 to TW$32.445 per US dollar.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes