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On Wednesday, Taiwan stocks headed south because losses in the Optoelectronic as well as Paper & Pulp sectors put pressure on stocks.
The Taiwan Weighted inched down 1.64% reaching a fresh 1-month minimum.
On the Taiwan Weighted the winners were represented by such benchmarks as GeoVision Inc, Edom Technology Co Ltd and Uniflex Technology Inc. They managed to grow 9.90%, 8.99% and 6.69% respectively.
Meanwhile, Shuttle Inc, Paragon Technologies Co Ltd and Elite Material Co Ltd became the top losers, sliding respectively 9.98%, 9.97% and 9.95%.
On the Taiwan Stock Exchange sagging stocks outnumbered surging equities by 667 to 144, while 69 were intact.
Stocks in Edom Technology Co Ltd tacked on to 52-week maximums, gaining 8.99% being worth 19.40.
The currency pair USD/TWD ascended 0.14% showing a reading of 30.029. At the same time TWD/CNY grew 0.05% reaching 0.2199.
As for the US Dollar Index Futures, it slumped 0.06% hitting 93.21.
On Friday, Wall Street's key indexes were braced for reporting their biggest weekly profits for a month because traders were quite optimistic about the everlasting trade negotiations to tackle a bruising tariff clash between China and America…
On Thursday, Wall Street shrugged off early losses because a sudden dive in retail sales affected investor hopes for progress at the everlasting US-China trade negotiations in Beijing…
On Wednesday, European equities went up because upbeat mood about Washington and Beijing trade negotiations backed global markets, while data revealed that earnings surge estimates for the European Union are stabilizing after abrupt downward revisions…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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