Taiwan shares end lower on Wall Street plunge

Focus Taiwan
Date: 2018/06/22
By: Flor Wang

Taipei, June 22 (CNA) Shares on the Taiwan Stock Exchange ended lower Friday after a plunge on Wall Street overnight but still remained above the market’s six-month moving average.

The market’s benchmark index, the Taiex, opened at 10,901.25 and hit a high of 10,914.83 and a low of 10,828.86 before closing down 41.79 points, or 0.38 percent, at 10,899.28.

Losers outnumbered gainers 566 to 240 and 114 stocks remained unchanged.

Affected by a 0.80 percent slide in the Dow Jones Industrial Average on Thursday, the weighted index in Taiwan sank as low as 10,828.86 — the lowest the market had been in June — at one point during the session.    [FULL  STORY]

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