Focus Taiwan
Date: 2019/04/18
By: Frances Huang 

Taipei, April 18 (CNA) Shares in Taiwan closed lower Thursday as investors pocketed their earlier gains after the local main board breached 11,000 points at one point in the early morning session, dealers said.

The bellwether electronics sector came off a high as Hon Hai Precision Industry Co., the world’s largest contract electronics maker, suffered profit taking selling after a strong showing in recent sessions, while other large tech stocks and old economy stocks also came under pressure, they said.

The silver lining was that Taiwan Semiconductor Manufacturing Co. (TSMC), the most heavily weighted stock on the local market, remained resilient, preventing the broader market from falling further by the end of the session, dealers said.    [FULL  STORY]