TAIEX feels the pressure ahead of ECB's meeting
CNATAIPEI -- The local bourse came under pressure and closed in negative territory yesterday amid cautious sentiment ahead of a policymaking meeting scheduled by the European Central Bank (ECB) for later in the day, dealers said.
September 7, 2012, 12:29 am TWN
Concerns over the global economy kept weighing on share prices in the local market to prevent the index from recovering by the end of the session from a slump seen a day earlier, they said.
The weighted index closed down 40.72 points, or 0.55 percent, at 7,326.72, after moving between 7,313.56 and 7,390.76, on turnover of NT$74.62 billion.