Taiwan News
Date: 2016-08-18
By: Frances Huang, Central News Agency

Taipei, Aug. 18 (CNA) Shares in Taiwan closed little changed Thursday after moving in consolidation mode, as many investors turned wary of whether foreign institutional investors would continue to move funds on a large scale into the country, dealers said.

Sentiment become cautious, with investors continuing to cut their holdings in large-cap stocks, in particular in the bellwether electronics sector, while buying in the financial sector, led by CTBC Financial Holding Co. , lent support to the broader market, the dealers said.

The weighted index on the Taiwan Stock Exchange ended up 4.80 points, or 0.05 percent, at 9,122.50, after moving between 9,093.51 and 9,128.80, on turnover of NT$77.69 billion (US$2.47 billion).     [FULL  STORY]