You are here
Taiwan: Stocks inch down amid regional tensions; techs slide
[TAIPEI] Taiwan stocks fell on Wednesday, with electronics exporters leading the slide as investors stayed cautious amid growing tensions on the South China sea.
As of 0204 GMT, the main TAIEX index fell 0.1 per cent to 8,694.31, after closing at 8,701.32 on Tuesday.
The electronics subindex sank 0.2 per cent, while the financials subindex was unchanged.
The Taiwan dollar firmed TW$0.236 to TW$32.440 per US dollar.
A US guided-missile destroyer sailed close to one of China's man-made islands in the South China Sea on Tuesday, rawing an angry rebuke from Beijing, which said it had tracked and warned the ship and called in the US ambassador to protest.