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Taiwan shares close down 0.15%

  • 27 June, 2014
  • Editor

Shares in Taiwan closed lower Friday amid renewed concerns over a possible interest rate hike cycle kicked off by the U.S. Federal Reserve.

At the same time, the construction sector came under pressure after Taiwan's central bank announced on Thursday new measures to further tighten its control of the domestic housing market in an attempt to put a lid on high home prices.

Taiwan shares closed down 14.11 points, or 0.15 percent, at 9,306.83 Friday on turnover of NT$93.59 billion (US$3.23 billion).

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