Taipei, June 4 (CNA) Shares in Taiwan closed lower Tuesday with stocks related to artificial intelligence (AI) under pressure as investors locked in profits built a session earlier, dealers said.
The Taiex, the Taiwan Stock Exchange’s (TWSE) weighted index, ended down 180.14 points, or 0.84 percent, at 21,356.62 after moving between 21,308.97 and 21,529.98. Turnover totaled NT$441.96 billion (US$13.64 billion).
The market opened down 0.11 percent and selling increased with AI-related stocks, in particular in the downstream electronics segment, in focus to push down the Taiex by more than 220 points at one point, dealers said.
Along with…