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Taiwan s bathroom set tocks extend losses to 3 pct on financials<br />
Posted On 10/13/2011 22:15:38 by raojia79
Taiwan s bathroom set tocks extend losses to 3 pct on financials
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Taiwan stocks extend losses to 3 pct on financialsPublished: 01 Mar 2009 22:45:07 PST

TAIPEI, March 2 - Taiwan stocks fell 3.02 percenton Monday to a one-week intraday low, as investor concerns aboutU.S. banking woes influenced financial shares such as CathayFinancial .

The main TAIEX share index had fallen 137.44 pointsto 4,419.71 by 0352 GMT, marking its weakest intraday level sinceFeb. 24 and retreating from a two-week closing high in theprevious session.

The financial sub-index shed 6.33 percent, withCathay Financial, the island's top listed financial holding firm,7 percent limit down. (US$1=T$35.2)

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