Taiwan stocks fall

01 Jun, 2016

Taiwan stocks fell on Tuesday in line with losses in overseas markets and on profit-taking after the main index hit highs not seen since late April in the previous session. Asian shares wobbled in early trade and were on track for a monthly loss. As of 0230 GMT, the main TAIEX index fell 0.4 percent, to 8,500.39, after closing up 0.9 percent in the previous session. The electronics subindex fell 0.3 percent, while the financials subindex lost 0.3 percent.
Among actively traded shares, Fubon Financial was down 0.8 percent, while chip packaging and test company ChipMOS was off 1.2 percent. Large-cap chipmaker TSMC was down 0.6 percent. The Taiwan dollar firmed T$0.068 to T$32.612 per US dollar.

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