Taiwan shares flat as tech gains offset financial stock weakness

Focus Taiwan
Date: 2019/06/12
By: Frances Huang

Taipei, June 12 (CNA) Shares in Taiwan closed little changed Wednesday as gains in the electronics sector offset losses suffered by financial stocks to keep the market above the 10,600-point mark, dealers said.

Escalating trade tensions between United States and China continued to haunt market sentiment, driving many investors to the sidelines and again limiting daily turnover, they said.

The weighted index on the Taiwan Stock Exchange (TWSE), the Taiex, ended up 7.90 points, or 0.07 percent, at 10,615.66, after moving between 10,566.37 and 10,630.69, on turnover of NT$100.89 billion (US$3.21 billion).

The market opened down 2.01 points and fell to the day's low in the middle of the morning after the Dow Jones Industrial Average closed down 0.05 percent overnight, stopping a six-session winning streak, dealers said.    [FULL  STORY]

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