Taiwan Business Quick Take - Taipei Times
EQUITIES <strong>Investors lock in profits</strong> The TAIEX closed lower yesterday as investors took advantage of an earlier rebound, pocketing profits amid lingering concerns about possible volatility in US markets, dealers said. The TAIEX closed down 67.59 points, or 0.41 percent, at 16,393.16. Turnover totaled NT$287.476 billion (US$10.28 billion), with foreign institutional investors selling a net NT$23.86 billion of shares on the main board. The bellwether electronics sector fell 0.51 percent as higher interest rates made its stocks look less attractive, while the petrochemi...