Share prices closed 0.16 percent lower yesterday in quiet trade after Wall Street's mixed performance overnight, dealers said.
They said that after a slightly better week overall, many investors preferred to take to the sidelines ahead of the weekend.
The TAIEX closed down 9.91 points at 6,009.32, on turnover of NT$60.21 billion (US$1.86 billion).
Decliners led gainers 373 to 295, with 175 stocks unchanged.
The electronics sector was down 0.49 percent and financials down 0.11 percent while the construction sector rose 2.7 percent and cement added 2.22 percent.
"Investors stayed on the sidelines, given expectations of pressure on the index at around the annual moving average of 6,033 points," said Johnny Lee, a manager with President Securities Corp (
"They were also reluctant to make any aggressive moves before parliament's decision on select major bills" such as a revision on the statute of the Financial Restructuring Fund (
While large-cap electronics and financials lost steam, select old-economy stocks were firmer on hopes of rising demands.
Lee said the construction sector extended its rally, with investors more confident that purchases will increase now that the uncertainty of last Saturday's legislative polls are out of the way.
Taiwan Semiconductor Manufacturing Co (
Chi Mei Optoelectronics Corp (