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Reading: Taiwan shares end slightly down ahead of U.S. inflation data
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Econo Asia™ > Blog > News > Markets > Taiwan Stock Exchange (TWSE) > Taiwan shares end slightly down ahead of U.S. inflation data
Taiwan Stock Exchange (TWSE)

Taiwan shares end slightly down ahead of U.S. inflation data

NEWSROOM
Last updated: 2024/04/16 at 4:33 PM
By NEWSROOM 1 Min Read
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Taipei, April 10 (CNA) Shares in Taiwan closed slightly lower Wednesday after moving in a narrow range throughout the trading session amid caution ahead of the release of the U.S. inflation data later in the day, dealers said.

While the bellwether electronics sector largely traded in the doldrums, buying rotated to select old economy stocks, such as the biotech and construction industries, which played catch-up with their tech counterparts, dealers added.

The Taiex, the weighted index of the Taiwan Stock Exchange (TWSE), ended down 32.67 points, or 0.16 percent, at the day’s low of 20,763.53 after hitting a high of 20,883.69. Turnover…



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TAGGED: Fed, NewsArticle, rate cuts, Taiex, TSMC, U.S. CPI
NEWSROOM April 16, 2024 April 16, 2024
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