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Taiwan shares down over 100 points Monday morning on tech losses 07/19/2021 11:48 AM CNA file photo Taipei, July 19 (CNA) Taiwan shares moved lower by more than 100 points Monday morning as large tech stocks came under pressure in the wake of losses incurred by their counterparts on the U.S. markets at the end of last week, dealers said. With the bellwether electronics sector moving lower, buying rotated to select old economy stocks, in particular in the shipping and steel industries, which prevented the broader market from falling further, dealers said. As of 10:47 a.m., the Taiex, the weighted index on the Taiwan Stock Exchange (TWSE), had lost 132.67 points, or 0.74 percent, at 17,762.58 on turnover of NT$279.04 billion (US$9.97 billion).

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