Taiwan shares edge lower

Focus Taiwan
Date: 2017/11/16
By: Jackson Chang and Evelyn Kao 

Taipei, Nov. 16 (CNA) Taiwan shares closed marginally lower Thursday but remained above the quarterly moving average of 10,609 points, on the back of gains posted by the bellwether electronics sector in the afternoon trading session.

The Taiwan Stock Exchange’s main index closed down 5.61 points, or 0.05 percent, at 10,625.04, after moving between 10,609.23 and 10,666.66. Turnover totaled NT$104.6 billion (US$3.47 billion).

The market opened down 1.49 points at 10,629.16 and fell even lower to approach 10,600 points as selling emerged, mostly in old-economy shares, before late-session buying took hold in electronics heavyweights that helped recoup some of losses in the market by the end of the session.    [FULL  STORY]

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