Taiwan stocks fell 0.34 percent on Friday July 29 2011

Indonesia stock info - Taiwan stocks fell 0.34 percent on Friday July 29 2011 ; Taiwan stocks fell 0.34 percent on Friday, with TSMC down after the world's top contact chip maker cut its 2011 capex spending target and third-quarter revenue forecast due to weaker market demand.


The main TAIEX index opened down 29.48 points at 8,737.72, extending a 0.57 percent fall in prior session.

TSMC was off 1.64 percent, following a 2 percent drop of its ADRs in New York trading, and pulling down electronics shares by 0.37 percent.

The Taiwan dollar was traded at T$28.890, compared with the T$28.845 close on Thursday.

Foreign investors were net sellers on Thursday, bringing their total selling to T$52.5 billion this month.

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