Taiwan shares close down 1.2%
Taiwan's stock market fell Tuesday, a mild setback for investors after a strong run that has kept the index above 45,000.
- The benchmark index dropped 1.2%, closing near 45,300 points.
- Trading was heavy, with turnover of about NT$958 billion (US$30 billion).
- The pullback came just before the monthly futures settlement date, when traders often adjust positions.
- The U.S. dollar rose against the Taiwan dollar the same day.
Outlook: The dip looks technical rather than a change in direction, so attention shifts back to chip demand and U.S. rate expectations.