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Taiwan stocks 0.56pts down at end of trade

byCustoms Today Report
12/06/2015
in Uncategorized
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TAIPEI: Shares in Taiwan closed little changed Friday amid lingering concerns over the debt problems in Greece as investors feared that global financial markets would reel back from possible negative leads from the ongoing debt talks in the eurozone, dealers said.

Against the doldrums in the broader market, the financial sector moved higher in the wake of a move by the Financial Supervisory Commission (FSC) to remove the ceiling on the value of credit trading — margin trading and securities borrowing — as part of its efforts to boost activity in the local equity market, the dealers said.

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The weighted index on the Taiwan Stock Exchange ended down 0.56 points, or 0.01 percent, at 9,301.93, after moving between 9,263.41 and 9,339.33, on turnover of NT$81.74 billion (US$2.65 billion).

 

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