Taiwan stocks close at two-month low

Posted by 7Star Tuesday, February 2, 2010

Taiwan stocks closed 1.52 percent lower at a more than two-month closing low on Monday, with tech shares such as TSMC down as a slide on Wall Street raised concerns over tech demand for the island's exporters. The main TAIEX share index fell 115.77 points to 7,524.67, its weakest close since November 27, 2009. Turnover was thin at T$90.3 billion ($2.8 billion) from Friday's T$117.2 billion.

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