Taiwan stocks down; early Brexit results put ‘Leave’ camp ahead

By: | Published: June 24, 2016 10:21 AM

Taiwan stocks fell on Friday as early results from the UK's vote on European Union membership...

As of 0114 GMT, the main TAIEX index was 0.8 per cent lower at 8,604.82, after closing down 0.5 percent in the previous session. (Reuters)The electronics subindex fell 0.9 per cent, while the financials subindex dropped 0.9 per cent. (Reuters)

Taiwan stocks fell on Friday as early results from the UK’s vote on European Union membership showed the ‘Leave’ camp nudging ahead.

As of 0114 GMT, the main TAIEX index was 0.8 per cent lower at 8,604.82, after closing down 0.5 percent in the previous session.

Also Read: Clouds over Britain’s financial sector after Brexit vote

The electronics subindex fell 0.9 per cent, while the financials subindex dropped 0.9 per cent.

Shares of China Airlines were down 0.1 percent after the company’s flight attendants went on strike over changes to working conditions. Taiwan’s largest airline grounded most of its flights on Friday, which the company said affected over 20,000 passengers.

The Taiwan dollar softened T$0.13 to T$32.320 per U.S. dollar. (Reporting by J.R. Wu; Editing by Subhranshu Sahu)

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