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Local bourse extends losses amid Ukraine concerns

  • 29 August, 2014
  • Editor

Shares in Taiwan closed lower Friday, extending losses from a session earlier in the wake of losses posted on Wall Street overnight amid renewed geopolitical concerns related to Ukraine.

Selling was seen almost across the board and non-high tech stocks faced heavier downward pressure on technical factors after recent gains, while the bellwether electronics sector remained in consolidation mode.

The weighted index on the Taiwan Stock Exchange ended down 42.10 points, or 0.44%, at 9,436.27.

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