Taiwan shares end down as large cap tech stocks under pressure
12/14/2020 05:07 PM
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Taipei, Dec. 14 (CNA) Shares in Taiwan moved lower Monday as larg cap stocks, in particular in the bellwether electronics sector, came under downward pressure throughout the session, dealers said.
Market sentiment has been hurt by foreign institutional investors cutting their holdings in recent sessions as they prepare to go on vacation for Christmas, dealers said.
The weighted index on the Taiwan Stock Exchange (TWSE), the Taiex, ended down 50.64 points, or 0.36 percent, at 14,211.05, after fluctuating between 14,182.25 and 14,270.34, on turnover of NT$232.38 billion (US$8.24 billion).
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