Taipei, April 3 (CNA) Shares in Taiwan reversed a rally a session earlier and closed down more than 100 points Wednesday as market sentiment was affected by a magnitude 7.2 earthquake earlier in the day and losses suffered by the U.S. markets overnight.
The bellwether electronics sector led the downturn amid concerns about the possible impact on production resulting from the strong temblor while selling in the financial sector added downward pressure on the broader market as investors were afraid that insurance companies would face large compensation after the quake.
The Taiex, the Taiwan Stock Exchange’s (TWSE) weighted index, ended down…
