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Taiwan stocks close flat, techs down

Published: 09 Nov 2008 22:07:08 PST

TAIPEI, Nov 10 - Taiwan stocks closed slightly lower on Monday as a surprise interest rate cut failed to cheer investors after Friday's weak October export numbers added to the bleak global economic climate.

The main TAIEX stock index <.TWII> fell 2.06 points to close at 4,740.27, despite gains in regional markets following moves by China and other G20 nations to fight the economic slowdown by lending support to exporters.

 



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