Taiwan shares end below 17,000 as COVID-19 fears continue


Source: focustaiwan.tw focustaiwan.tw

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To activate the text-to-speech service, please first agree to the privacy policy below. CNA file photo Taipei, June 9 (CNA) Shares in Taiwan moved lower and closed below its nearest level of technical support at 17,000 points Wednesday, as investors remained concerned over an ongoing surge in COVID-19 cases, dealers said. Selling focused on large cap tech stocks throughout the session, while cyclical old economy stocks also came under pressure later as investors locked in gains posted in previous sessions, they said. The Taiex, the Taiwan Stock Exchange's benchmark weighted index, ended down 109.99 points, or 0.64 percent, at 16,966.22,...