Taipei, May 21 (CNA) Shares in Taiwan closed slightly lower Tuesday with financial and old economy industries spotlighted amid selling, sparked by a negative response from China to President Lai Ching-te’s (賴清德) inauguration address a day earlier, dealers said.
However, the bellwether electronics sector stayed resilient, stabilizing the broader market on the back of gains posted by tech stocks on U.S. markets overnight, dealers added.
The Taiex, the weighted index on the Taiwan Stock Exchange (TWSE), ended down 34.88 points, or 0.16 percent, at 21,236.75 after moving between 21,131.62 and 21,307.08. Turnover totaled NT$373.10 billion…