TAIPEI Dec 14 Taiwan stocks fell on Wednesday
as investors awaited the Federal Reserve's commentary that may
deliver clues on its outlook for U.S. interest rate hikes next
The Fed is widely expected to hike interest rates for the
first time in 2016 after its two-day meeting, but the market is
focused on how the central bank steers monetary policy in the
wake of Donald Trump's election win last month.
The main TAIEX index fell 0.1 percent to 9,371.98
points as of 0448 GMT, after closing at 9,382.14 in the previous
The electronics subindex rose 0.2 percent, while the
financials subindex lost 1.1 percent.
Cathay, the parent company of Taiwan's biggest life insurer,
shed nearly 2 percent.
The Taiwan dollar firmed T$0.062 to T$31.760 per
(Reporting by Faith Hung; Editing by Amrutha Gayathri)