Taiwan Share Prices Close Down Slightly — Aug. 16

Taiwan share prices close down slightly — Aug. 16

HONG KONG, Aug. 16 (Xinhua) — Taiwan shares closed down 0.04 percent with thinner traded volume on Tuesday, according to reports reaching here from Taipei.

Share prices on the Taiwan Stock Exchange closed lower Tuesday with the weighted index, the market’s key barometer, going down 2. 73 points to close at 6,242.4.

The bourse opened at 6,262.87 and fluctuated between 6,266.33 and 6,207.58 during trading. A total of 2.77 billion shares changed hands on a market turnover of 64.58 billion new Taiwan dollars (2.01 billion US dollars), down from Monday’s market turnover of 76.45 billion new Taiwan dollars (2.39 billion US dollars).

Only one of the eight major stock categories gained ground, with machinery and electronics shares moving up at 0.2 percent.

Seven other major stock categories lost ground, with foodstuff issues moving down the most at 1.3 percent, followed by construction issues at 1 percent, cement stocks at 0.7 percent, paper and pulp issues at 0.5 percent, plastics and chemicals shares at 0.4 percent and textile stocks and banking and financial shares both at 0.1 percent.

Losers outnumbered gainers 525 to 323, with 161 stocks remaining unchanged.