Taiwan stocks fall; Hon Hai down

TAIPEI, Aug 28: Taiwan stocks fell 0.37 percent on Tuesday, extending falls from the previous session and joining other Asian bourses in declines, with Apple supplier Hon Hai Precision shedding 1.8 percent.
The main TAIEX index slipped 27.66 points to 7,440.56. The food and department store sub-indexes
Were the top two losing sectors, both down more than 1 percent.
Hon Hai’s chairman said he hopes to reach a deal with Sharp
This week. The company will also report second-quarter earnings this week.
The Taiwan dollar was up by T$0.01 to trade at T$29.97.
Foreign investors were net buyers on Monday, bringing their total buying to T$92.48 billion this month.
(agencies)