TAIPEI Oct 5 Taiwan stocks declined in cautious
trading on Wednesday, tracking falls in some overseas markets,
with financial and technology heavyweights such as Taiwan
Semiconductor Manufacturing Co (TSMC) pacing the
The main TAIEX index was down 0.3 percent at
9,255.96 as of 0507 GMT after closing 0.6 percent higher in the
The electronics subindex sank 0.4 percent, while the
financials subindex lost 0.3 percent.
TSMC, the world's biggest contract chip maker, was off 1.3
percent, while Cathay Financial Holding, parent of
Taiwan's biggest life insurer, dipped 0.4 percent.
The Taiwan dollar softened T$0.05 to T$31.397 per
Asian shares and gold retreated and bond yields were near
two-week highs as markets were rattled by a media report
flagging the possible withdrawal of the European Central Bank's
bond buying programme.
(Reporting by Faith Hung; Editing by Subhranshu Sahu)