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Taiwan: Stocks fall; techs, banks down

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[TAIPEI] Taiwan stocks fell on Tuesday in cautious trading, paced by declines in electronics and financial shares.

As of 0216 GMT, the main Taiex index fell 0.2 per cent to 8,974.56, easing from a more-than one-year intraday high on Monday.

It ended at 8,991.67 points in the previous session.

The electronics subindex fell 0.1 per cent, while the financials subindex lost 0.3 per cent.

Shares of Hon Hai Precision slipped 0.2 per cent, while Cathay Financial Holdings dipped 0.4 per cent.

The Taiwan dollar softened T$0.03 to T$32.170 per US dollar.


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