Taiwan shares drop by 0.54 percent

Focus Taiwan
Date: 2018/12/04
By: Wei Shu and Evelyn Kao 

Taipei, Dec. 4 (CNA) Shares in Taiwan dropped 0.54 percent but remained above 10,000 points Tuesday, retreating from an upturn of about 250 points seen a day earlier as the United States and China reached a temporary truce in their trade conflict.

The weighted index on the Taiwan Stock Exchange (TWSE), or Taiex, closed down 54.33 points, or 0.54 percent, at 10,083.54, on turnover of NT$143.54 billion (US$5.42 billion).

The local market opened down 17.44 points at 10,120.43 on a mild technical correction from a session earlier and then moved between 10,061.70 and 10,126.02 before the close.

All major stock categories lost ground, with the cement sector losing the most at 1.55 percent, followed by textile stocks, which fell 1.19 percent.    [FULL  STORY]

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