Taiwan shares edge lower, affected by U.S. election

Focus Taiwan
Date: 2016/10/31
By: Tien Yu-pin and Elizabeth Hsu

Taipei, Oct. 31 (CNA) Taiwan shares ended lower to fall back below the 9,300-point 201610310013t0001mark on Monday amid new uncertainty over the United States presidential election, dealers said.

The market’s benchmark index, the Taiex, fell more than 100 points in the first half hour after the Federal Bureau of Investigation said Friday that it was taking a fresh look at Hillary Clinton’s e-mail use, narrowing her lead in the race.

But the Taiex later rebounded thanks to stable trading in large-cap stocks but could not quite get back to the previous session’s close.

It ended down 16.8 points, or 0.18 percent, at 9,290.12, after moving between 9,194.48 and 9,314.34, on turnover of NT$58.94 billion (US$1.87 billion).    [FULL  STORY]

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