Taiwan shares end down 0.61%, remain above 10,000 points

The China Post
Date: May 31, 2017

TAIPEI, Taiwan — Shares in Taiwan closed lower but remained above the 10,000-point mark on Wednesday as the market resumed trading following the four-day Dragon Boat Festival holiday.

The weighted index on the Taiwan Stock Exchange ended the day down 61.23 points, or 0.61 percent, at 10,040.72 before moving between 10,025.88 and 10,116.13 on turnover of NT$122.579 billion (US$4.06 billion).

The market opened down 6 points at 10,095.95 on thin turnover amid sluggish trading in the bellwether electronics sector as investors expressed concern over the outlook for the economy, but the main index then rose before pulling back from a session high and into negative territory.

Shares in Taiwan moved higher for four consecutive sessions last week to remain above the 10,000-point mark, before edging lower last Friday ahead of the Dragon Boat Festival holiday.    [FULL  STORY]

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