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Taiwan stocks track region lower; TSMC eases
February 8, 2017 / 2:48 AM / 10 months ago

Taiwan stocks track region lower; TSMC eases

TAIPEI, Feb 8 (Reuters) - Taiwan stocks fell on Wednesday, as heavyweights such as Taiwan Semiconductor Manufacturing Co (TSMC) followed regional markets lower.

As of 0230 GMT, the main TAIEX index fell 0.3 percent to 9,524.36 points, after closing at 9,554.56 points in the previous session.

The electronics subindex eased 0.2 percent, while the financials subindex lost 0.5 percent.

TSMC, the world’s top contract chip maker, was off nearly 1 percent. Cathay Financial Holding, parent company of Taiwan’s biggest life insurer, slipped 0.5 percent.

The Taiwan dollar softened T$0.043 to T$31.091 per U.S. dollar. (Reporting by Faith Hung; Editing by Jacqueline Wong)

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