RTT
Date: 5/28/2020
By: RTTNews Staff Writer

The Taiwan stock market on Thursday ended the three-day winning streak in which it had gathered almost 200 points or 1.9 percent. The Taiwan Stock Exchange now sits just shy of the 10,945-point plateau and it may extend its losses on Friday.

The global forecast for the Asian markets is soft on renewed geopolitical concerns between the United States and China. The European markets were up and the U.S. bourses were down and the Asian markets are expected to follow the latter lead.

The TSE finished modestly lower on Thursday following losses from the financial shares and cement companies, while the technology stocks were mixed.

For the day, the index lost 70.47 points or 0.64 percent to finish at 10,944.19 after trading between 10,915.30 and 11,087.53.    [FULL  STORY]