Taiwan stocks slide

Posted by 7Star Friday, March 20, 2009

Taiwan stocks fell 0.23 percent on Thursday, ending a four-session winning streak, as a sharp rise in the Taiwan dollar pressured technology exporters such as contract chip maker TSMC. The main TAIEX share index ended 11.61 points lower at 5,035.93, retreating from a five-month intraday high during the session as investors locked in profits from recent advances on the market.

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