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Home International Markets

Taiwan stocks decline 0.15% at start, TAIEX skids 14.24pts

byCustoms Today Report
10/02/2015
in International Markets
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TAIPEI: Taiwan stocks declined 0.15 per cent on Tuesday, though embattled air carrier TransAsia Airways Corp rebounded after heavy losses in the wake of a recent crash.

As of 0217 GMT, the main TAIEX index fell 14.24 points to 9,407.26, after closing down 0.37 per cent on Monday.

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TransAsia was up 1.33 per cent, helping the overall transport subindex notch a 0.95 per cent gain.

The low-cost airline had slumped 15 per cent in the wake of a crash last week that killed 40 people.

The electronics subindex was down 0.45 per cent, held back by semiconductors, which shed 0.64 per cent.

The Taiwan dollar was up T$0.095 to stand at T$31.465 to the US dollar.

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