Taiwan stocks down

Taiwan stocks fell on Tuesday, dragged down by a selloff in most other Asian indexes, and as investors awaited trade data later in the week. Taiwan's wholesale price index fell in June from a year ago, its 21st straight month of contraction, while a rise in the consumer price index, an inflation gauge, moderated in June, data showed early in the day.
As of 0411 GMT, the main TAIEX index fell 0.5 percent to 8,719.43 points, after closing up 0.3 percent in the previous session to a closing high not seen in more than three months. The electronics subindex sank 0.6 percent, while the financials subindex lost 0.1 percent. The Taiwan dollar softened T$0.016 to T$32.224 per US dollar.