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Taiwan share prices close lower

Taiwan’s share prices fell Monday with the weighted index, the market’s key barometer, moving down 113.41 points, or 1.46 percent, to close at 7,634.92.

The local bourse opened at 7,750.87 and fluctuated between 7,766.36 and 7,634.92 during the day’s trading. Market turnover totaled NT$74.98 billion (US$2.36 billion).

All eight major stock categories lost ground, with textile issues moving down the most at 2.16 percent. Construction shares plummeted 1.94 percent, banking and financial stocks dropped 1.8 percent, and machinery and electronics fell 1.55 percent.

Cement issues plunged 1.51 percent, followed by foodstuff shares at 1.34 percent, paper and pulp issues at 1.2 percent, and plastics and chemicals at 0.75 percent.

Losers outnumbered gainers 2,292 to 610, with 186 remaining unchanged.

Foreign investors and Chinese QDIIs were net sellers of NT$4.13 billion-worth of shares.

More Info: http://www.taiwanheadlines.gov.tw/ct.asp?xItem=182693&CtNode=39

This entry was posted on Monday, March 15th, 2010 and is filed under Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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