India, Sept. 24 -- Taiwan's benchmark TAIEX index retreated in Thursday morning trading after setting a fresh record in the previous session. The index fell 208 points, or 0.4%, to 47,949, ending a six-session winning run as investors booked profits.

The decline came after the TAIEX closed above the 48,000 mark for the first time at 48,157 on Wednesday. Electronic technology, financial stocks and health technology shares were among the sectors under pressure.

Why Are Taiwan Stocks Falling Today?

The pullback followed overnight weakness on Wall Street, where higher oil prices and rising US Treasury yields weighed on investor sentiment. Market participants were also watching the upcoming Trump-Xi summit, with artificial intelligence and ...