Taiwan stocks down

Taiwan stocks fell on Friday, in line with some regional peers, as a US missile strike in Syria raised geopolitical risks and as a widely-awaited summit between the leaders of the United States and China got underway. As of 0331 GMT, the main TAIEX index fell 0.5 percent to 9,852.47, extending a 0.5 percent loss in the previous session, while the local dollar weakened to a three-week low against the US currency. The Taiwan dollar softened T$0.09 to T$30.650 per US dollar after touching T$30.700 earlier in the session, its weakest level since mid-March.
On the bourse, losses were broad based, with the electronics subindex falling 0.5 percent and the financials subindex losing 0.6 percent. Among actively traded shares, large-cap electronics maker Hon Hai Precision, and Fubon Financial Holding were both off more than 1 percent.